What is the ARK coin? This Altcoin is Storming into the Crypto Market – UPDATED

[magic8ball]

Update
It looks like ARK’s glory might have been short-lived after all. The coin has moved down to the 49th largest cryptocurrency by market cap and is now selling, as of January 31st, at $5.45. ARK has declined 2.43% in the past 24 hours. Based on its movements from the last few weeks, ARK may very well continue declining.

This doesn’t matter to the die-hard fans, though, who are backing ARK to the moon. ARK’s Reddit forum surpassed 20,000 subscribers not too long ago – people are interested in this coin, even if it is down right now. Personally, I agree. ARK is managed by a fantastic team that knows what they’re doing and are completely transparent with users. ARK has consistently delivered on what it’s said to be doing.

Most recently, ARK announced that it would be sponsoring a blockchain and cryptocurrency conference in Dallas. This is a chance for ARK to tell more people about its powerful blockchain and learn from the other presenters.

Yes, ARK is down right now, but it’s still a worthwhile project. One of the good things about being a smaller coin is having a smaller trading volume. ARK’s 24-hour volume is currently $10 million. The smaller the volume, the fewer transactions occurring. This means transactions times won’t be bogged down and can remain being as fast as ever. So that’s a win at least.


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