Arweave (AR) Price Reaches $25.39

Arweave (AR) traded 1.8% higher against the US dollar during the 24 hour period ending at 17:00 PM E.T. on April 18th. Arweave has a total market capitalization of $1.66 billion and approximately $56.69 million worth of Arweave was traded on exchanges in the last 24 hours. During the last seven days, Arweave has traded 17.1% lower against the US dollar. One Arweave coin can now be purchased for approximately $25.39 or 0.00039975 BTC on popular cryptocurrency exchanges.

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

  • Bitcoin (BTC) traded up 3.6% against the dollar and now trades at $63,502.47 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded up 3.5% against the dollar and now trades at $485.73 or 0.00764901 BTC.
  • Bitcoin SV (BSV) traded 1.6% higher against the dollar and now trades at $67.20 or 0.00105825 BTC.
  • eCash (XEC) traded up 2.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Syscoin (SYS) traded 3.6% higher against the dollar and now trades at $0.22 or 0.00000347 BTC.

About Arweave

Arweave (CRYPTO:AR) 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 65,454,185 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 message board is medium.com/@arweave. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official website for Arweave 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.”

Buying and Selling Arweave

It is usually not possible to purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the aforementioned exchanges.

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