Arweave Price Tops $19.12 on Exchanges (AR)

Arweave (AR) traded up 6.3% against the dollar during the one day period ending at 11:00 AM E.T. on November 18th. In the last week, Arweave has traded 1.8% lower against the dollar. One Arweave coin can now be bought for approximately $19.12 or 0.00020700 BTC on major exchanges. Arweave has a total market capitalization of $1.26 billion and approximately $151.46 million worth of Arweave was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 2% against the dollar and now trades at $92,379.91 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.6% higher against the dollar and now trades at $447.21 or 0.00484096 BTC.
• Bitcoin SV (BSV) traded 4.2% higher against the dollar and now trades at $69.21 or 0.00074918 BTC.
• eCash (XEC) traded up 4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.8% higher against the dollar and now trades at $0.11 or 0.00000118 BTC.

About Arweave

Arweave is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 13th, 2018. Arweave’s total supply is 65,652,466 coins. Arweave’s official website is www.arweave.org. The official message board for Arweave is medium.com/@arweave. 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 presently possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView