Arweave (AR) Price Hits $28.88

Arweave (AR) traded up 1.4% against the dollar during the one day period ending at 14:00 PM Eastern on June 15th. One Arweave coin can now be purchased for $28.88 or 0.00043612 BTC on popular cryptocurrency exchanges. Arweave has a market cap of $1.90 billion and approximately $28.42 million worth of Arweave was traded on exchanges in the last day. Over the last seven days, Arweave has traded 22.7% lower against the dollar.

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

  • Bitcoin (BTC) traded 1% higher against the dollar and now trades at $66,227.96 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded up 4.3% against the dollar and now trades at $431.68 or 0.00651809 BTC.
  • Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $49.71 or 0.00075059 BTC.
  • eCash (XEC) traded 1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded up 6.4% against the dollar and now trades at $0.15 or 0.00000234 BTC.

About Arweave

Arweave (CRYPTO:AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 13th, 2018. Arweave’s total supply is 65,652,466 coins. Arweave’s official message board is medium.com/@arweave. The official website for Arweave is www.arweave.org. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here.

According to CryptoCompare, “Arweave (AR) is a decentralized storage network that provides permanent, immutable data storage. Founded in 2018 by Sam Williams and William Jones, the platform uses a modified version of blockchain, the “blockweave,” for everlasting data storage. Its key offering is the guarantee that data such as documents, apps, and valuable information will be preserved indefinitely, an invaluable feature for applications requiring data immutability and permanence. The AR token, Arweave’s native cryptocurrency, is an integral part of the network, enabling users to pay for storage and bandwidth, stake in consensus mechanisms, vote on network upgrades, tip content creators, and transact in the Arweave marketplace. This innovative data storage solution presents a sustainable, tamper-proof, and genuinely permanent data preservation alternative to traditional cloud services.”

Arweave Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Arweave using one of the exchanges listed above.

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