Ardor Trading Down 30.2% This Week (ARDR)

Ardor (ARDR) traded 20.1% lower against the US dollar during the twenty-four hour period ending at 11:00 AM Eastern on April 3rd. One Ardor coin can now be bought for approximately $0.0445 or 0.00000055 BTC on popular cryptocurrency exchanges. Over the last week, Ardor has traded 30.2% lower against the US dollar. Ardor has a market cap of $44.41 million and approximately $1.45 million worth of Ardor was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Cronos (CRO) traded down 10.7% against the dollar and now trades at $0.0928 or 0.00000114 BTC.
• Avalanche (AVAX) traded 7.8% lower against the dollar and now trades at $17.77 or 0.00021796 BTC.
• Hedera (HBAR) traded 8.1% lower against the dollar and now trades at $0.15 or 0.00000190 BTC.
• NEAR Protocol (NEAR) traded down 10.4% against the dollar and now trades at $2.38 or 0.00002919 BTC.
• Internet Computer (ICP) traded down 6.5% against the dollar and now trades at $4.96 or 0.00006082 BTC.
• Cosmos (ATOM) traded 3.4% lower against the dollar and now trades at $4.27 or 0.00005243 BTC.
• Algorand (ALGO) traded 10.5% lower against the dollar and now trades at $0.17 or 0.00000207 BTC.
• Fetch.ai (FET) traded down 9% against the dollar and now trades at $0.41 or 0.00000507 BTC.
• Kava (KAVA) traded up 0.8% against the dollar and now trades at $0.40 or 0.00000490 BTC.
• Akash Network (AKT) traded 13.8% lower against the dollar and now trades at $1.09 or 0.00001336 BTC.

About Ardor

Ardor uses the hashing algorithm. It was first traded on September 24th, 2017. Ardor’s total supply is 998,466,231 coins. Ardor’s official message board is ardorforum.org. Ardor’s official Twitter account is @ardorplatform and its Facebook page is accessible here. Ardor’s official website is www.jelurida.com/ardor. The Reddit community for Ardor is https://reddit.com/r/ardor and the currency’s Github account can be viewed here.

According to CryptoCompare, “Ardor is a multichain blockchain platform with a unique parent-child chain architecture. The security of the whole network is provided by the parent Ardor chain while the interoperable child chains have all the rich functionality. This elegant design and access to hybrid user permissioning capabilities are the key to the flexibility necessary for a variety of use cases and opens the door towards mainstream adoption of blockchain technology. Not only that – Ardor is created with scalability in mind and solves many existing industry problems such as blockchain bloat, single token dependency, and the need for easily customizable-yet-compatible blockchain solutions.Where did Ardor come from? Ardor is being developed by Jelurida Swiss SA, founded in 2016. The company started upgrading Nxt blockchain system and created Ardor to provide a platform for facilitated and accelerated transactions. The platform obtained a good reputation among users, analysts, investors, and experts. Ardor’s mission is to form a universal, user-friendly, and easy crypto platform facilitating different concepts implementation. Jelurida worked on creating ways to allow each third-party developer to make his own projects. The platform’s authors presented a smart contract technology that is completely different from Ethereum although some parallels are made between them.What are the advantages of Ardor?All child chains have their own native tokens, used as a unit of value and forpaying transaction fees, and a variety of ready to use features;Scalability is achieved by pruning of the unnecessary child chain data once theyare included in the permissionless Ardor parent chain, preventing the "bloat" ofthe network;All child chains are connected and share the same source code, ensuringecosystem interoperability that allows child chain token trading to one another ina fully decentralized way and transactions on one child chain to access data orentities on another.”

Buying and Selling Ardor

It is usually not possible to buy alternative cryptocurrencies such as Ardor directly using US dollars. Investors seeking to acquire Ardor should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ardor using one of the exchanges listed above.

ARDR/USD price chart by TradingView