Arweave (AR) Price Tops $17.93 on Major Exchanges

Arweave (AR) traded 13.7% higher against the U.S. dollar during the 24-hour period ending at 11:00 AM Eastern on December 24th. Arweave has a total market cap of $1.18 billion and approximately $126.09 million worth of Arweave was traded on exchanges in the last day. Over the last seven days, Arweave has traded down 15.1% against the U.S. dollar. One Arweave coin can now be purchased for about $17.93 or 0.00018278 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 4.8% against the dollar and now trades at $98,080.14 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 9.8% higher against the dollar and now trades at $475.85 or 0.00485164 BTC.
• Bitcoin SV (BSV) traded up 8.6% against the dollar and now trades at $57.40 or 0.00058523 BTC.
• eCash (XEC) traded 7.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 12.1% against the dollar and now trades at $0.12 or 0.00000123 BTC.

Arweave Coin Profile

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 website 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. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official message board for Arweave is medium.com/@arweave.

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 US dollars. Investors seeking to acquire Arweave should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView