Arweave Self Reported Market Cap Hits $135,415,282.21 trillion (AR)

Arweave (AR) traded 0.6% lower against the US dollar during the 1 day period ending at 7:00 AM Eastern on June 17th. One Arweave coin can currently be bought for about $2.06 or 0.00003187 BTC on major cryptocurrency exchanges. During the last seven days, Arweave has traded up 9.1% against the US dollar. Arweave has a total market cap of $135,415,282.21 trillion and $23.69 million worth of Arweave was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 2.7% lower against the dollar and now trades at $64,778.43 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.8% lower against the dollar and now trades at $213.50 or 0.00329589 BTC.
• Bitcoin SV (BSV) traded down 3.2% against the dollar and now trades at $12.37 or 0.00019100 BTC.
• eCash (XEC) traded down 1.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 36.9% against the dollar and now trades at $0.0026 or 0.00000004 BTC.

About Arweave

Arweave (CRYPTO: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 65,652,466 coins and its circulating supply is 9,223,372,036,854,775,807 coins. The official website for Arweave is www.arweave.org. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. Arweave’s official message board 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.

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, 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