Archer DAO Governance Token Price Reaches $1.08 on Top Exchanges (ARCH)

Archer DAO Governance Token (CURRENCY:ARCH) traded 13.5% higher against the US dollar during the 1-day period ending at 11:00 AM ET on July 22nd. Over the last week, Archer DAO Governance Token has traded 2.8% higher against the US dollar. Archer DAO Governance Token has a market capitalization of $13.52 million and approximately $490,218.00 worth of Archer DAO Governance Token was traded on exchanges in the last day. One Archer DAO Governance Token coin can currently be purchased for approximately $1.08 or 0.00003354 BTC on cryptocurrency exchanges.

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

  • Uniswap (UNI) traded 2.5% higher against the dollar and now trades at $16.71 or 0.00051917 BTC.
  • Doctors Coin (DRS) traded 0.3% higher against the dollar and now trades at $0.70 or 0.00002175 BTC.
  • Peony (PNY) traded down 1.1% against the dollar and now trades at $0.44 or 0.00001357 BTC.
  • Parachute (PAR) traded 0.6% lower against the dollar and now trades at $0.0040 or 0.00000012 BTC.
  • Public Mint (MINT) traded up 15% against the dollar and now trades at $0.0857 or 0.00000266 BTC.
  • ACoconut (AC) traded up 2.6% against the dollar and now trades at $0.22 or 0.00000691 BTC.
  • AllSafe (ASAFE) traded down 37.4% against the dollar and now trades at $0.0225 or 0.00000070 BTC.
  • HollyWoodCoin (HWC) traded up 10.9% against the dollar and now trades at $0.0075 or 0.00000019 BTC.
  • Rupee (RUP) traded up 80.8% against the dollar and now trades at $0.0022 or 0.00000007 BTC.
  • UNICORN Token (UNI) traded 35.7% lower against the dollar and now trades at $0.0005 or 0.00000001 BTC.

Archer DAO Governance Token Profile

Archer DAO Governance Token is a proof-of-stake (PoS) coin that uses the Scrypt hashing algorithm. Archer DAO Governance Token’s total supply is 100,000,000 coins and its circulating supply is 12,523,250 coins. Archer DAO Governance Token’s official Twitter account is @ARCHcoin and its Facebook page is accessible here. The official message board for Archer DAO Governance Token is medium.com/archer-dao. Archer DAO Governance Token’s official website is archerdao.io.

According to CryptoCompare, “The original ARCH whitepaper focused on the concept of controlling the flow of information within a decentralized autonomous corporation (DAC) in an effort to promote financial stability and growth within a DAC and protecting sensible information. While most cryptocurrencies are created as an alternative to bitcoin, ARCH was created as a startup holding DAC whose equity is represented by a cryptographic token. The goal is to test new applications of blockchain technology as well as to model an investor-token relationship in a use-case scenario involving a real startup with palpable products and services. To improve equity fungibility, revenue from any of the holding company's products or services is to be used to purchase more tokens from the market, thereby making the holding DAC's equity token exponentially more valuable with each additional revenue stream. Although no substantial revenue has been injected into ARCH's fungibility yet, its tiered conditional access levels have created a natural self-audit system that has proven very effective when it comes to managing this pseudo-corporate setup and its investors. Value in information is trusted to investors according to their own responsibility in the pseudo-corporate structure. In this tiered setup, the amount of tokens held serves as a basis of evaluating trust and involvement with the DAC itself. This system promotes unbiased transparency by the developers and corporate responsibility on behalf of the investors. This system alone, without any major revenue stream, has already proven itself as the backbone of the current stable growth in the ARCH equity token's market cap. This unique approach opens doors for a new generation of DACs, fusing decentralized communities with traditional corporate structures using tiered conditional access levels to secure the flow of information. Although tailored to our specific ventures and “community” needs, the ARCH wallet concept is an outstanding, first-of-its-kind example for other future DACs looking to combine all relevant information and tools regarding the DAC's and its equity token in one place. ARCH is taking that concept even further and seeks to integrate the whole corporate structure into its wallet as the DAC grows. In a nutshell, Arch rearranged how investors interacted in DACs to establish healthier lines of communication while changing the financial structure so that FIAT revenue would be injected directly into the tokens fungibility instead of being distributed through dividends.Their products, services and software are inspired by bitcoin, disruptive and innovative but not interdependent. “

Archer DAO Governance Token Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Archer DAO Governance Token directly using U.S. dollars. Investors seeking to trade Archer DAO Governance Token should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Archer DAO Governance Token using one of the exchanges listed above.

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