ArcBlock Price ABT

There are two schools of thought when it comes to determining the price of a cryptocurrency like ArcBlock.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of ArcBlock, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of ArcBlock.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of ArcBlock on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of ArcBlock.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for ArcBlock and the broader cryptocurrency market.

ArcBlock achieved the all-time high of $4.69 in 2024-05-21, and is currently trading at $1.81.

ArcBlock reached its all-time low of $0.04949 on 2020-03-13.

The current market cap of ArcBlock is $177.44M, as 98.58M ABT is trading at the price of $1.81.

There are currently 98.58M ABT circulating in the market. These ArcBlock can be actively traded or used in the open market.

The maximum supply of ABT is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of ArcBlock is $334.80M. The FDV is calculated taking the assumption that all supply of ArcBlock is circulation, multiplied by its current price of $1.81.

Using an algorithm to automatically identify historical data trends, this ArcBlock price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

ArcBlock offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that ArcBlock and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in ArcBlock.

You can buy ArcBlock via Gate.io by following the steps on how to buy ABT once you have funded your account.