Arweave (AR) Price Reaches $34.71 on Top Exchanges

Arweave (AR) traded up 12.3% against the U.S. dollar during the 24 hour period ending at 8:00 AM Eastern on April 28th. During the last seven days, Arweave has traded up 2.8% against the U.S. dollar. One Arweave coin can now be bought for approximately $34.71 or 0.00054679 BTC on exchanges. Arweave has a total market cap of $2.27 billion and $116.90 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 0.8% higher against the dollar and now trades at $63,484.17 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.9% higher against the dollar and now trades at $478.16 or 0.00753197 BTC.
• Bitcoin SV (BSV) traded 2.8% higher against the dollar and now trades at $66.74 or 0.00105127 BTC.
• eCash (XEC) traded 1.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.5% higher against the dollar and now trades at $0.22 or 0.00000343 BTC.

Arweave Profile

AR 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. 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. The official message board for Arweave is medium.com/@arweave. 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 presently 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 Changelly, Gemini or GDAX. 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