Arweave (AR) Price Reaches $29.09 on Top Exchanges

Arweave (AR) traded 10.9% higher against the US dollar during the one day period ending at 7:00 AM E.T. on April 20th. During the last week, Arweave has traded up 5.7% against the US dollar. One Arweave coin can currently be purchased for about $29.09 or 0.00045745 BTC on popular exchanges. Arweave has a market cap of $1.90 billion and approximately $100.49 million worth of Arweave was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded down 1.8% against the dollar and now trades at $63,594.33 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.6% lower against the dollar and now trades at $480.83 or 0.00756089 BTC.
• Bitcoin SV (BSV) traded down 1.2% against the dollar and now trades at $66.25 or 0.00104171 BTC.
• eCash (XEC) traded down 0.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 20.7% higher against the dollar and now trades at $0.27 or 0.00000425 BTC.

About Arweave

Arweave 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 65,454,185 coins. The official message board for Arweave is medium.com/@arweave. 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. 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.”

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 Coinbase, GDAX 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

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