How to Buy ARPA Token (ARPA)

The ARPA token is one of the lesser-known digital assets in the cryptocurrency market. As of June 2022, it ranks 415 based on market cap but could offer an exciting option if you want to diversify your crypto portfolio.

Its low price makes it an easy crypto to invest in without worrying about the high risks of loss. The low exposure to risk could make ARPA Chain an especially interesting crypto to invest in among new investors dipping their toes into the world of cryptocurrencies.

The ARPA price and market cap could take off amid enterprises’ rising adoption of ARPA Chain’s technology. The ARPA Chain network offers a scalable and highly secure way to leverage the power of blockchain technology for real-world enterprise applications while being scalable and flexible.

ARPA Chain could be a crypto worth watching with several versatile use cases in the mainstream sectors. An uptick in ARPA Chain price could be fuelled by more businesses and developers building dApps on ARPA Chain’s infrastructure, bringing in more users and driving up its on-chain activity.

In addition, a bullish mood in the crypto market can usher in more investors looking to grow their capital through digital assets. The onset of more investors into the market and high investor confidence can increase interest in cryptos beyond the leaders in the market cap rankings, which could potentially support ARPA price statistics and trading volume in the future.

The business case and idea for ARPA Chain originated in the first quarter of 2018, followed by the initial formation and funding of the team to start work on the project in the next quarter. The whitepaper for ARPA Chain was released in Q3 2018.

The MPC proof of concept (PoC) demo and MPC network’s launch took place more than a year later, in Q4 of 2018. The ASTRAEA testnet of the ARPA Chain went live in Q1 2019, followed by the finance use case of minimum-viable product in Q2 of the year.

The mainnet release of ARPA Chain happened in Q4 2019. 2020 saw its team of developers work on upgrading the network’s security and performance features, releasing the PoC for precision marketing, launching a partnership program with enterprises, and monetizing the idea of securely sharing personal data.

An essential upgrade in Q2 2021 saw the team of developers roll out a token burn mechanism for ARPA earned as revenue from enterprise contracts. More technical upgrades to the ARPA ecosystem followed through the year, including the release of Randcast architecture’s design and deployment through early 2022.

While it is impossible to make an accurate ARPA price prediction, the fundamental analysis offers some hope that the ARPA price can reach and cross the critical $1 level in the future. The value of ARPA Chain’s token can climb higher amid the rising adoption of its infrastructure, especially among enterprises.

The ARPA Chain price had touched an all-time high (ATH) of over $0.27 in November 2021, powered by the bullish mood among crypto investors. A similar bull run in the future could take the price of ARPA Chain back up towards its ATH and even higher, towards $1.

In addition to the rising adoption of its technology and a bullish crypto market, the ARPA price could also make it to the $1 mark due to its token burn mechanism. The ARPA Chain team burns ARPA tokens every quarter to reduce its circulating supply. Such a move can put deflationary pressure on the crypto and support the ARPA Chain price.

According to Coinmarketcap data, the max supply of the ARPA tokens is set at 2 billion. However, the token-burning processes have brought down the total supply of ARPA crypto to 1.5 billion as of June 2022.

The ARPA circulating supply stands at just over 1.2 billion in June 2022. These numbers are subject to change as more tokens are distributed and burned within the ARPA Chain ecosystem over time.