Arweave Hits Self Reported Market Cap of $133,248,495.07 trillion (AR)

Arweave (AR) traded 3.7% lower against the dollar during the one day period ending at 7:00 AM Eastern on April 18th. One Arweave coin can now be bought for about $2.03 or 0.00002663 BTC on popular cryptocurrency exchanges. Arweave has a market capitalization of $133,248,495.07 trillion and $36.98 million worth of Arweave was traded on exchanges in the last 24 hours. In the last seven days, Arweave has traded up 17.2% against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 0.6% higher against the dollar and now trades at $76,303.08 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.1% higher against the dollar and now trades at $448.24 or 0.00587524 BTC.
• Bitcoin SV (BSV) traded down 0.1% against the dollar and now trades at $16.15 or 0.00021165 BTC.
• eCash (XEC) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 7.8% against the dollar and now trades at $0.0119 or 0.00000016 BTC.

About Arweave

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. The official message board for Arweave 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. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. 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.”

Buying and Selling Arweave

It is usually not currently possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX 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