Arweave Trading 12.5% Higher Over Last Week (AR)

Arweave (AR) traded 3.3% lower against the dollar during the 1-day period ending at 11:00 AM E.T. on March 18th. Arweave has a total market cap of $440,793,451,911.86 billion and $34.72 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can currently be bought for about $6.71 or 0.00008205 BTC on popular cryptocurrency exchanges. During the last week, Arweave has traded 12.5% higher against the dollar.

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

• Bitcoin (BTC) traded down 1.8% against the dollar and now trades at $81,811.06 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.2% lower against the dollar and now trades at $333.46 or 0.00407666 BTC.
• Bitcoin SV (BSV) traded 1.2% lower against the dollar and now trades at $33.63 or 0.00041115 BTC.
• eCash (XEC) traded 1.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.9% lower against the dollar and now trades at $0.0470 or 0.00000057 BTC.

Arweave Coin Profile

Arweave (CRYPTO:AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2018. Arweave’s total supply is 65,652,466 coins and its circulating supply is 9,223,372,036,854,775,807 coins. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official website is www.arweave.org. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. Arweave’s official message board is medium.com/@arweave.

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.”

Buying and Selling Arweave

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView