Arweave (AR) Market Cap Reaches $2.25 Billion

Arweave (AR) traded 0.3% higher against the U.S. dollar during the 1 day period ending at 23:00 PM ET on April 2nd. One Arweave coin can now be purchased for about $34.38 or 0.00052198 BTC on popular exchanges. Arweave has a total market capitalization of $2.25 billion and approximately $69.49 million worth of Arweave was traded on exchanges in the last 24 hours. During the last week, Arweave has traded down 16.8% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

  • Bitcoin (BTC) traded down 1.4% against the dollar and now trades at $65,866.85 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded up 2.9% against the dollar and now trades at $633.60 or 0.00961941 BTC.
  • Bitcoin SV (BSV) traded 3.8% lower against the dollar and now trades at $87.59 or 0.00132978 BTC.
  • eCash (XEC) traded down 0.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Syscoin (SYS) traded 2.4% lower against the dollar and now trades at $0.28 or 0.00000420 BTC.

Arweave 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 65,454,185 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 Twitter account is @arweaveeco and its Facebook page is accessible here. Arweave’s official message board is medium.com/@arweave. Arweave’s official website is www.arweave.org.

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 possible to buy alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to trade Arweave should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the aforementioned exchanges.

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