Ardor (ARDR) Trading Down 18.7% Over Last 7 Days

Ardor (ARDR) traded 1.8% lower against the U.S. dollar during the 1 day period ending at 12:00 PM ET on November 5th. Ardor has a market capitalization of $54.19 million and $5.09 million worth of Ardor was traded on exchanges in the last 24 hours. In the last seven days, Ardor has traded down 18.7% against the U.S. dollar. One Ardor coin can currently be bought for approximately $0.0543 or 0.00000052 BTC on cryptocurrency exchanges.

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

• Cronos (CRO) traded down 0.7% against the dollar and now trades at $0.12 or 0.00000119 BTC.
• Hedera (HBAR) traded up 1.9% against the dollar and now trades at $0.17 or 0.00000167 BTC.
• Avalanche (AVAX) traded up 5.1% against the dollar and now trades at $16.81 or 0.00016186 BTC.
• Internet Computer (ICP) traded 5.6% lower against the dollar and now trades at $5.14 or 0.00004949 BTC.
• NEAR Protocol (NEAR) traded up 3.1% against the dollar and now trades at $1.92 or 0.00001848 BTC.
• Algorand (ALGO) traded up 3.2% against the dollar and now trades at $0.16 or 0.00000155 BTC.
• Cosmos (ATOM) traded 4.3% higher against the dollar and now trades at $2.66 or 0.00002556 BTC.
• Fetch.ai (FET) traded up 6.3% against the dollar and now trades at $0.22 or 0.00000211 BTC.
• Akash Network (AKT) traded down 0.4% against the dollar and now trades at $0.57 or 0.00000556 BTC.
• Theta Fuel (TFUEL) traded 1.9% lower against the dollar and now trades at $0.0207 or 0.00000020 BTC.

Ardor Coin Profile

Ardor uses the hashing algorithm. It launched on September 24th, 2017. Ardor’s total supply is 998,466,231 coins. Ardor’s official Twitter account is @ardorplatform and its Facebook page is accessible here. The official website for Ardor 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. Ardor’s official message board is ardorforum.org.

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.”

Ardor Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Ardor directly using US dollars. Investors seeking to trade Ardor should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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