Arweave Market Capitalization Hits $1.80 Billion (AR)

Arweave (AR) traded 9.3% higher against the U.S. dollar during the 1 day period ending at 19:00 PM E.T. on April 19th. In the last week, Arweave has traded 11.4% higher against the U.S. dollar. Arweave has a market cap of $1.80 billion and approximately $89.72 million worth of Arweave was traded on exchanges in the last day. One Arweave coin can currently be bought for approximately $27.46 or 0.00043200 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.1% higher against the dollar and now trades at $63,574.57 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.7% against the dollar and now trades at $475.64 or 0.00748164 BTC.
• Bitcoin SV (BSV) traded down 2.5% against the dollar and now trades at $65.65 or 0.00103264 BTC.
• eCash (XEC) traded down 2.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.3% higher against the dollar and now trades at $0.23 or 0.00000357 BTC.

Arweave Profile

Arweave (AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 13th, 2018. Arweave’s total supply is 65,454,185 coins. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official website for Arweave is www.arweave.org. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. The official message board for Arweave 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.”

Arweave Coin Trading

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 Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView