Arweave Price Reaches $2.02 on Major Exchanges (AR)

Arweave (AR) traded up 0.7% against the U.S. dollar during the 24 hour period ending at 7:00 AM Eastern on February 17th. One Arweave coin can currently be bought for $2.02 or 0.00002979 BTC on popular exchanges. During the last week, Arweave has traded 7.9% higher against the U.S. dollar. Arweave has a total market cap of $132,391,847.44 trillion and approximately $16.10 million worth of Arweave was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 2.7% lower against the dollar and now trades at $67,741.98 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $556.85 or 0.00822018 BTC.
• Bitcoin SV (BSV) traded 0.4% higher against the dollar and now trades at $16.86 or 0.00024884 BTC.
• eCash (XEC) traded up 0.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.8% against the dollar and now trades at $0.0135 or 0.00000020 BTC.

Arweave Profile

Arweave (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 65,652,466 coins and its circulating supply is 9,223,372,036,854,775,807 coins. 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. The official website for Arweave is www.arweave.org. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible 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 currently possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to acquire Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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