Arweave (AR) Price Reaches $32.49 on Exchanges

Arweave (AR) traded up 22.1% against the U.S. dollar during the 1 day period ending at 12:00 PM E.T. on April 20th. Over the last seven days, Arweave has traded 23.2% higher against the U.S. dollar. Arweave has a total market capitalization of $2.13 billion and $106.48 million worth of Arweave was traded on exchanges in the last day. One Arweave coin can currently be bought for $32.49 or 0.00050157 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 1.5% against the dollar and now trades at $64,770.84 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 5.6% higher against the dollar and now trades at $498.84 or 0.00770158 BTC.
• Bitcoin SV (BSV) traded 5% higher against the dollar and now trades at $68.78 or 0.00106186 BTC.
• eCash (XEC) traded 4.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 11% higher against the dollar and now trades at $0.25 or 0.00000385 BTC.

Arweave Coin 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. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. The official message board for Arweave is medium.com/@arweave. 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.”

Buying and Selling Arweave

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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