Arweave (AR) Price Up 2% This Week

Arweave (AR) traded 3.3% higher against the US dollar during the 24 hour period ending at 7:00 AM ET on August 4th. Arweave has a market capitalization of $119,382,384.51 trillion and approximately $6.51 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be bought for approximately $1.82 or 0.00002860 BTC on popular cryptocurrency exchanges. In the last week, Arweave has traded 2% higher against the US dollar.

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

• Bitcoin (BTC) traded 1.9% higher against the dollar and now trades at $63,651.81 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.7% against the dollar and now trades at $213.70 or 0.00335729 BTC.
• Bitcoin SV (BSV) traded up 3.1% against the dollar and now trades at $12.88 or 0.00020240 BTC.
• eCash (XEC) traded 4.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.2% higher against the dollar and now trades at $0.0018 or 0.00000003 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 and its circulating supply is 9,223,372,036,854,775,807 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. Arweave’s official message board 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 U.S. dollars. Investors seeking to acquire Arweave should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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