Arweave Price Tops $2.15 on Major Exchanges (AR)

Arweave (AR) traded 0.8% lower against the dollar during the 24-hour period ending at 7:00 AM ET on August 24th. During the last seven days, Arweave has traded 19% higher against the dollar. Arweave has a total market capitalization of $141,167,815.36 trillion and $13.68 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can currently be purchased for approximately $2.15 or 0.00002765 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 1.5% against the dollar and now trades at $77,845.63 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.8% lower against the dollar and now trades at $268.73 or 0.00345208 BTC.
• Bitcoin SV (BSV) traded down 0.7% against the dollar and now trades at $16.58 or 0.00021298 BTC.
• eCash (XEC) traded down 0% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.3% higher against the dollar and now trades at $0.0019 or 0.00000002 BTC.

About Arweave

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 65,652,466 coins and its circulating supply is 9,223,372,036,854,775,807 coins. The official message board for Arweave 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. The official website for Arweave 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 possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView