Arweave (AR) Price Up 33% Over Last Week

Arweave (AR) traded 3.1% lower against the US dollar during the 24-hour period ending at 23:00 PM E.T. on April 24th. Arweave has a total market capitalization of $2.13 billion and $85.03 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be purchased for approximately $32.50 or 0.00050671 BTC on exchanges. Over the last week, Arweave has traded up 33% against the US dollar.

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

• Bitcoin (BTC) traded 3.8% lower against the dollar and now trades at $64,140.80 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 5.8% against the dollar and now trades at $477.40 or 0.00744306 BTC.
• Bitcoin SV (BSV) traded 5.7% lower against the dollar and now trades at $67.45 or 0.00105164 BTC.
• eCash (XEC) traded 7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.2% lower against the dollar and now trades at $0.23 or 0.00000357 BTC.

Arweave Profile

Arweave is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on July 13th, 2018. Arweave’s total supply is 65,454,185 coins. The official website for Arweave 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. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed 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 purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to trade Arweave should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView