Arweave Market Capitalization Achieves $2.17 Billion (AR)

Arweave (AR) traded 2.2% lower against the dollar during the 24-hour period ending at 17:00 PM Eastern on April 24th. Arweave has a market cap of $2.17 billion and $79.80 million worth of Arweave was traded on exchanges in the last day. Over the last week, Arweave has traded 35.1% higher against the dollar. One Arweave coin can currently be bought for $33.21 or 0.00051892 BTC on major exchanges.

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

• Bitcoin (BTC) traded down 3.5% against the dollar and now trades at $64,006.68 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 5.2% against the dollar and now trades at $482.20 or 0.00753351 BTC.
• Bitcoin SV (BSV) traded down 4.6% against the dollar and now trades at $68.71 or 0.00107350 BTC.
• eCash (XEC) traded 5.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded down 4.7% against the dollar and now trades at $0.23 or 0.00000358 BTC.

Arweave Coin Profile

Arweave (CRYPTO: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 65,454,185 coins. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. The official message board for Arweave 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.

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 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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView