Arweave Trading Down 11.1% Over Last 7 Days (AR)

Arweave (AR) traded 5.2% lower against the U.S. dollar during the 1-day period ending at 12:00 PM E.T. on January 20th. One Arweave coin can currently be bought for about $3.62 or 0.00004017 BTC on major cryptocurrency exchanges. Over the last seven days, Arweave has traded down 11.1% against the U.S. dollar. Arweave has a market cap of $237,342,197.84 trillion and approximately $23.25 million worth of Arweave was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded down 3.3% against the dollar and now trades at $90,065.64 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.7% lower against the dollar and now trades at $569.17 or 0.00631945 BTC.
• Bitcoin SV (BSV) traded 4.2% lower against the dollar and now trades at $18.33 or 0.00020351 BTC.
• eCash (XEC) traded down 5.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.6% lower against the dollar and now trades at $0.0196 or 0.00000022 BTC.

Arweave Coin Profile

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 and its circulating supply is 9,223,372,036,854,775,807 coins. Arweave’s official website is www.arweave.org. 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.

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 trade Arweave should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView