Arweave (AR) Trading Up 21.7% This Week

Arweave (AR) traded down 3.9% against the dollar during the 1-day period ending at 15:00 PM ET on July 22nd. During the last seven days, Arweave has traded up 21.7% against the dollar. Arweave has a market cap of $2.10 billion and $65.39 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can currently be purchased for about $32.00 or 0.00047017 BTC on popular exchanges.

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

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $68,053.82 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2% higher against the dollar and now trades at $395.86 or 0.00581694 BTC.
• Bitcoin SV (BSV) traded down 0.9% against the dollar and now trades at $45.76 or 0.00067239 BTC.
• eCash (XEC) traded 1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.1% lower against the dollar and now trades at $0.11 or 0.00000161 BTC.

About Arweave

Arweave (CRYPTO:AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2018. Arweave’s total supply is 65,652,466 coins. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official message board for Arweave is medium.com/@arweave. 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 currently 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 Changelly. 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