Ardor (ARDR) Hits Market Capitalization of $57.99 Million

Ardor (ARDR) traded 1.8% lower against the U.S. dollar during the twenty-four hour period ending at 7:00 AM E.T. on December 15th. Over the last week, Ardor has traded 1.7% lower against the U.S. dollar. One Ardor coin can currently be purchased for about $0.0581 or 0.00000065 BTC on cryptocurrency exchanges. Ardor has a total market capitalization of $57.99 million and approximately $7.29 million worth of Ardor was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Cronos (CRO) traded down 0.6% against the dollar and now trades at $0.0970 or 0.00000108 BTC.
• Avalanche (AVAX) traded 1.3% higher against the dollar and now trades at $13.22 or 0.00014743 BTC.
• Hedera (HBAR) traded down 2.6% against the dollar and now trades at $0.12 or 0.00000132 BTC.
• NEAR Protocol (NEAR) traded down 0.4% against the dollar and now trades at $1.62 or 0.00001803 BTC.
• Internet Computer (ICP) traded down 0.9% against the dollar and now trades at $3.18 or 0.00003542 BTC.
• Algorand (ALGO) traded 0.6% lower against the dollar and now trades at $0.12 or 0.00000134 BTC.
• Cosmos (ATOM) traded 0.4% lower against the dollar and now trades at $2.14 or 0.00002382 BTC.
• Fetch.ai (FET) traded 0.1% higher against the dollar and now trades at $0.24 or 0.00000266 BTC.
• Theta Fuel (TFUEL) traded down 1.4% against the dollar and now trades at $0.0205 or 0.00000023 BTC.
• PayProtocol Paycoin (PCI) traded 1.9% lower against the dollar and now trades at $0.0686 or 0.00000076 BTC.

Ardor Profile

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 Twitter account is @ardorplatform and its Facebook page is accessible here. 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. Ardor’s official website is www.jelurida.com/ardor.

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 presently possible to purchase alternative cryptocurrencies such as Ardor directly using US dollars. Investors seeking to trade Ardor should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ardor using one of the aforementioned exchanges.

ARDR/USD price chart by TradingView