ArcBlock is a blockchain platform that runs on what is called an upgraded layer of the web called Web 3.0. ArcBlock in its platform helps to simplify dApp development and custom blockchain creation for developers.
The platform provides a wide array of tools like software development kits, code packages, and others that could help the developers with their projects.
The platform attempts to fill the requirements for blockchain to be made available to the general public.
ABT runs on the ArcBlock platform as the native token. There are 186,000,000 ABT in total supply as of right now, with 98,554,305 ABT in circulation.
The ABT coin was released on February 4, 2018, and has an all-time high value of $4.70 and an all-time low value of $0.04978.
The table below gives an overview of the ABT coin along with its current market standing.
| Name of the token | ArcBlock |
| Token Marker | ABT |
| Current Price | $1.86 |
| Price Change | 16.62% (1d) |
| Market Cap | $184,430,772 |
| Volume(24h) | $7,064,498 |
In the next section, we will look at some of the functionalities of the ABT token.
What are the functionalities of the ArcBlock (ABT) token?
ABT token functions as a payment facilitator in the ArcBlock ecosystem and facilitates providing necessary fuel for the advancement of the ecosystem
Now, let us look at some of the market predictions and price analyses that have been made for the token in the section below.
ArcBlock (ABT) Price Prediction
The table below shows the yearly predictions made for the ArcBlock coin from the years 2024-2030.
ArcBlock (ABT) Price Prediction 2024 – 2030
| Years | Minimum Price | Maximum Price |
| 2024 | $2.13 | $3.42 |
| 2025 | $ 2.69 | $ 4.34 |
| 2026 | $ 3.73 | $ 5.04 |
| 2027 | $ 4.34 | $ 6.74 |
| 2028 | $ 4.53 | $ 6.46 |
| 2029 | $ 4.69 | $ 7.50 |
| 2030 | $ 6.44 | $ 8.75 |
As per the long-term predictions of the coin, the ABT token is expected to achieve a targeted price of $8.75 by the year 2030 if it continues with the predicted growth rate.
A detailed monthly prediction chart has been given below for the months of July 2024.
The predictions made for the ArcBlock (ABT) coin in the year 2024 going by the minimum price estimates of the token are as follows.
ArcBlock (ABT) Price Prediction 2024
| Months | Minimum Price | Maximum Price |
| July | $2.56 | $2.75 |
| August | $2.49 | $2.58 |
| September | $2.43 | $2.51 |
| October | $2.43 | $2.45 |
| November | $2.41 | $2.51 |
| December | $2.13 | $3.42 |
As per the technical indicators, the coin is currently set to rise by 27.16% and reach a price of $3.42 by the end of the month of July.
Looking at the market run of the coin for the last 30 days shows the coin recording only 6 green days even though the prediction for the coin is set for a clear bullish run in the upcoming days.
The Fear and Greed index shows a neutral score of 51 and the price volatility for the ABT coin is currently at 16.71% measured by its run in the last month.
The market sentiment for the coin shows an overwhelming majority of people betting for a bullish run along with 21 technical indicators in favor in comparison to the 12 that signal a negative price change.
Now, let us look at where and how to buy ABT tokens in the next section.
Where to buy ArcBlock (ABT) tokens?
The user can buy ArcBlock from any of the following popular cryptocurrency exchanges:
- Gate.io
- Coinbase Pro
- Bitkub
- Bitget
- LATOKEN
Let us now look at the steps involved in buying ArcBlock (ABT)
How to buy ArcBlock (ABT) token?
These are the steps that one must follow to buy an ArcBlock (ABT) coin from a centralized crypto exchange.
- Step 1: Opening an account
- The investor is instructed to open an account in any of the crypto exchanges that offer the ABT token. They will be instructed to set a login ID and password for future logging.
- Step 2: Verification
- The verification process for most exchanges asks the user to provide any publicly verifiable information such as phone number, bank details, or other identifying information to complete the KYC procedure
- Step 3: Transacting
- After completing the verification the user must navigate to the page showing ArcBlock (ABT) coins and decide on the price and volume that they require.
- Step 4: Payment method
- A user can buy the coin through any of the payment options made available to him by the exchange. It can be through fiat currency or by trading through any stablecoins.
- Step 5: Receiving the tokens
- As the last step of the process, the user must check if his/her crypto wallet has been updated with the ABT token that they have purchased.
- Step 6
- An additional step that every user is advised to take is to transfer their crypto coins to a reputable crypto wallet so as to avoid any chances of mishandling assets in the future.
These are the steps that one must take in order to buy the ArcBlock (ABT) coin through an exchange.
Let us now look at what we can conclude about the coin from all the details that we have gone through in the section above.
Final Thoughts
To conclude, the ABT token by it market prediction and price analysis stands as one of the most promising coins in the market right now.
The coin is expected to gain almost a quarter of its current value in the days to follow. This along with the long-term prediction and potential of both the ABT token and the technology behind it should be another distinctive aspect that one must consider while buying the coin.
