Arweave (AR) Trading 1% Higher Over Last Week

Arweave (AR) traded down 0.7% against the U.S. dollar during the twenty-four hour period ending at 13:00 PM E.T. on June 28th. During the last week, Arweave has traded up 1% against the U.S. dollar. Arweave has a total market cap of $1.74 billion and $60.14 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be purchased for about $26.49 or 0.00043529 BTC on popular exchanges.

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

  • Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $60,865.53 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 1.1% higher against the dollar and now trades at $388.74 or 0.00638684 BTC.
  • Bitcoin SV (BSV) traded down 0.4% against the dollar and now trades at $45.11 or 0.00074110 BTC.
  • eCash (XEC) traded down 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 1.1% lower against the dollar and now trades at $0.13 or 0.00000212 BTC.

Arweave Profile

Arweave (CRYPTO: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 65,652,466 coins. 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 Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official website 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.”

Buying and Selling Arweave

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

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