Arweave (AR) Market Cap Reaches $1.06 Billion

Arweave (AR) traded 1.3% lower against the dollar during the 24-hour period ending at 9:00 AM E.T. on October 31st. In the last week, Arweave has traded down 10.8% against the dollar. Arweave has a total market capitalization of $1.06 billion and approximately $33.42 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be bought for about $16.15 or 0.00022366 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 0.1% against the dollar and now trades at $72,208.76 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.9% against the dollar and now trades at $373.82 or 0.00517687 BTC.
• Bitcoin SV (BSV) traded 5.2% higher against the dollar and now trades at $52.86 or 0.00073199 BTC.
• eCash (XEC) traded up 4.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2% against the dollar and now trades at $0.0998 or 0.00000138 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 65,652,466 coins. Arweave’s official message board is medium.com/@arweave. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. 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 presently possible to purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to trade Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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