Arweave (AR) Trading Up 18.9% Over Last Week

Arweave (AR) traded 3.6% lower against the dollar during the twenty-four hour period ending at 14:00 PM ET on November 20th. Over the last seven days, Arweave has traded 18.9% higher against the dollar. One Arweave coin can currently be bought for about $8.85 or 0.00023466 BTC on cryptocurrency exchanges. Arweave has a total market cap of $579.21 million and approximately $31.26 million worth of Arweave was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 2.3% higher against the dollar and now trades at $37,709.67 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $228.17 or 0.00605061 BTC.
• Bitcoin SV (BSV) traded 1.1% higher against the dollar and now trades at $48.18 or 0.00127771 BTC.
• eCash (XEC) traded up 1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.9% higher against the dollar and now trades at $0.10 or 0.00000276 BTC.

About Arweave

Arweave (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 65,454,185 coins. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. The official website for Arweave 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.

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 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 Gemini, Coinbase or GDAX. 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