Arweave Trading Down 5.2% This Week (AR)

Arweave (AR) traded down 0.1% against the dollar during the twenty-four hour period ending at 15:00 PM ET on September 7th. Over the last week, Arweave has traded 5.2% lower against the dollar. One Arweave coin can currently be purchased for approximately $20.33 or 0.00037488 BTC on major exchanges. Arweave has a market capitalization of $1.33 billion and approximately $22.96 million worth of Arweave was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 1.7% higher against the dollar and now trades at $54,256.93 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.3% higher against the dollar and now trades at $300.40 or 0.00553812 BTC.
• Bitcoin SV (BSV) traded up 0.4% against the dollar and now trades at $44.37 or 0.00081802 BTC.
• eCash (XEC) traded 3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 3.9% against the dollar and now trades at $0.10 or 0.00000188 BTC.

About Arweave

Arweave (CRYPTO:AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 13th, 2018. Arweave’s total supply is 65,652,466 coins. Arweave’s official message board is medium.com/@arweave. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official website for Arweave is www.arweave.org. 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 acquire Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. 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