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How much is Ark worth?

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How Much is Ark Worth? A Comprehensive Guide to ARK and ARKM

The question of how much Ark is worth is multifaceted because it refers to multiple entities within the cryptocurrency and investment landscape. The term “Ark” can represent two distinct assets: the cryptocurrency Ark (ARK) and the cryptocurrency Arkham (ARKM), as well as the investment firm ARK Invest. Therefore, it’s vital to distinguish between these when analyzing their worth.

Currently, the cryptocurrency Ark (ARK) is valued at approximately $1.14 USD. This price fluctuates in real-time, and it’s always recommended to check a live cryptocurrency tracker for the most up-to-date price. It’s important to note that this price is for the cryptocurrency “Ark” which is often represented with the symbol “ARK.” This should not be confused with the other cryptocurrency called “Arkham”.

On the other hand, the cryptocurrency Arkham (ARKM) is priced at around $0.346269 USD. Again, this is a real-time price and subject to market volatility.

The investment firm ARK Invest, founded by Cathie Wood, does not have a single market value in the same way a stock or cryptocurrency does. However, the value of ARK Invest’s various Exchange Traded Funds (ETFs) are constantly changing based on market dynamics. It’s important to note that investing in ARK ETFs is distinct from buying the cryptocurrencies ARK or ARKM.

Understanding the Different “Arks”

It’s critical to clarify that the word “Ark” is used for different things. This can lead to some confusion for those who are new to the space.

  • Ark (ARK): This refers to the cryptocurrency, the blockchain of which was launched in February 2017. It is a decentralized ecosystem designed to promote the mass adoption of blockchain technology.
  • Arkham (ARKM): This is another, distinct cryptocurrency. Arkham is related to a blockchain analytics platform.
  • ARK Invest: This is a renowned investment management firm that specializes in thematic investing, known for its innovative and often disruptive investment strategies through its various ETFs.

Cryptocurrency Ark (ARK)

The live price of Ark (ARK) is approximately $1.14 USD. This price is updated in real-time. Key details about ARK include:

  • Market Cap: The live market cap is about $200.57 million USD.
  • 24-Hour Trading Volume: The 24-hour trading volume is around $321.34 million USD.
  • Circulating Supply: There are 176.68 million ARK coins in circulation.
  • Price Change: Ark is up 19.34% in the last 24 hours, showing significant volatility.
  • Purpose: ARK coins are used to vote for delegates who earn daily profit shares, incentivizing investment.

Cryptocurrency Arkham (ARKM)

The current price of Arkham (ARKM) is around $0.346269 USD. Key details about ARKM include:

  • Circulating Supply: There are 150 million ARKM tokens in circulation.
  • Max Supply: The maximum supply is 1 billion ARKM tokens.
  • Volatility: It has seen both a 7-day high of $0.4158 and a 7-day low of $0.349, illustrating significant price swings.
  • Purpose: Arkham is related to a blockchain analytics platform.

ARK Invest ETFs

ARK Invest is an investment firm with a range of Exchange Traded Funds (ETFs). These ETFs invest in companies focused on disruptive innovation, such as:

  • ARK Innovation ETF (ARKK): This flagship ETF invests in innovative companies across different sectors.
  • ARK Genomic Revolution ETF (ARKG): Focused on companies advancing genomics and biotechnology.
  • ARK Next Generation Internet ETF (ARKW): Invests in companies involved in the future of the internet.

These ETFs are traded intraday on exchanges and are available through various channels like broker-dealers and investment advisors. The value of these ETFs fluctuates based on market conditions and the performance of their underlying investments.

FAQs about Ark

To further clarify the value and nature of these “Arks,” here are some frequently asked questions:

Cryptocurrency & Blockchain

  1. What is the total supply of ARK coins? ARK has a circulating supply of 176.67 million coins. It is often reported that the max supply is 0.00, however this is incorrect and the max supply for ARK is 176,809,920.

  2. When was the ARK blockchain launched? The ARK blockchain was launched in February 2017.

  3. What is the primary use of ARK coins? ARK coins are used to vote for delegates, who then provide a daily profit share to those who voted for them. This incentivizes holding and participation in the network.

  4. Where can I buy ARK coins? Ark can be bought on various cryptocurrency exchanges, including Binance.

  5. What does it mean when it says ARK is “up” or “down”? This refers to the percentage increase or decrease in ARK’s price over a specific time period, usually 24 hours.

  6. Is Arkham (ARKM) the same as Ark (ARK)? No, Arkham (ARKM) is a separate cryptocurrency associated with a blockchain analytics platform, and is not the same as the Ark cryptocurrency.

  7. Where can I buy Arkham (ARKM)? You can purchase Arkham on centralized exchanges like Binance.

  8. What is the purpose of the Arkham cryptocurrency? Arkham facilitates operations within the blockchain analytics platform ecosystem.

ARK Invest

  1. How can I invest in ARK Invest? You can invest in ARK Invest’s ETFs through various brokerages and financial services firms.

  2. Who founded ARK Invest? Catherine D. Wood is the founder, CEO, and CIO of ARK Invest.

  3. Is Cathie Wood a billionaire? Cathie Wood’s net worth is primarily tied to the performance of her ARK funds. While there have been fluctuations, her net worth is estimated to be between $140 million and $300 million as of 2023.

  4. What is the risk of investing in ARK Invest ETFs? The risk is tied to the market volatility and the speculative nature of the companies in which they invest. These ETFs are not guaranteed to be profitable.

Gaming and Other

  1. What does ‘Ark’ refer to in the context of games? This refers to the game ARK: Survival Evolved, and its sequel and remaster, Ark: Survival Ascended.

  2. Is ‘Ark’ still free? The original game Ark: Survival Evolved is no longer free, and the remastered version, Ark: Survival Ascended, is now sold separately.

  3. What is the future price prediction for the cryptocurrency Ark? According to some price predictions, Ark could reach $1.318137 by November 7, 2023. However, like all crypto assets, future prices are not guaranteed and depend on multiple market factors.

Conclusion

Determining the worth of “Ark” requires careful distinction between the cryptocurrency Ark (ARK), the cryptocurrency Arkham (ARKM), and the ARK Invest investment firm. The cryptocurrency Ark (ARK) is currently valued at approximately $1.14 USD, while Arkham (ARKM) is worth about $0.346269 USD. ARK Invest’s ETFs trade based on market conditions and the value of their underlying holdings. Always do your research before engaging with these assets, as they all involve market-related risks. Keep in mind that the information here is based on current available data, which is subject to change.

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