Arweave Achieves Market Capitalization of $224.34 Million (AR)

Arweave (AR) traded up 2.9% against the dollar during the 24-hour period ending at 22:00 PM E.T. on May 26th. Over the last week, Arweave has traded down 0.8% against the dollar. Arweave has a market capitalization of $224.34 million and $3.69 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be bought for about $6.72 or 0.00025141 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $26,720.93 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.3% against the dollar and now trades at $113.26 or 0.00423864 BTC.
• Bitcoin SV (BSV) traded 1.9% higher against the dollar and now trades at $32.62 or 0.00122069 BTC.
• eCash (XEC) traded up 1.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.4% higher against the dollar and now trades at $0.12 or 0.00000462 BTC.

Arweave Coin Profile

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 63,190,435 coins and its circulating supply is 33,394,701 coins. Arweave’s official message board is medium.com/@arweave. Arweave’s official website is www.arweave.org. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. 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 is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever – for the very first time.

As a collectively owned hard drive that never forgets, Arweave allows users to remember and preserve valuable information, apps, and history indefinitely. By preserving history, it prevents others from rewriting”

Buying and Selling Arweave

It is usually not possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to acquire Arweave should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView