Arweave (AR) Trading 10.5% Higher Over Last 7 Days

Arweave (AR) traded down 8.8% against the US dollar during the 1-day period ending at 16:00 PM ET on April 26th. Over the last seven days, Arweave has traded up 10.5% against the US dollar. One Arweave coin can now be purchased for about $30.94 or 0.00048439 BTC on major cryptocurrency exchanges. Arweave has a market cap of $2.03 billion and approximately $139.55 million worth of Arweave was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 1.6% against the dollar and now trades at $63,885.46 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.9% higher against the dollar and now trades at $487.65 or 0.00763437 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $66.31 or 0.00103813 BTC.
• eCash (XEC) traded up 0.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.3% lower against the dollar and now trades at $0.23 or 0.00000353 BTC.

Arweave Profile

AR 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. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. Arweave’s official website is www.arweave.org. 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.”

Buying and Selling Arweave

It is usually not currently possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView