ARK (ARK) Surges Over 50% Before Pulling Back
ARK (ARK), a platform bridging popular blockchains (Bitcoin, Ethereum, etc.) through special communication channels called SmartBridges, has been one of the best-performing cryptocurrencies over the last 24 hours, gaining more than 50% at one point before losing momentum.
While the project has quietly been gaining momentum due to a number of key releases over the last 6 weeks, the latest surge looks to be the result of the recent listing on the Exodus universal wallet.
— ARK.io (@ArkEcosystem) February 15, 2019
In addition to secure storage, the Exodus app also offers a number of portfolio tracking tools and an exchange functionality that leverages a custom exchange integration.
Prior to that, on February 3, ARK pushed an update for its mobile wallet, adding support for dynamic fees.
ARK is now up 14% on the day to $0.561164, bringing the project’s market cap to $60.8 million. ARK can currently be traded with the highest liquidity on Binance.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.