Arweave (AR) Price Tops $14.67

Arweave (AR) traded down 1.5% against the US dollar during the 1 day period ending at 10:00 AM E.T. on January 25th. During the last week, Arweave has traded 11.6% lower against the US dollar. Arweave has a total market cap of $963.02 million and approximately $23.79 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be bought for $14.67 or 0.00013990 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 1% against the dollar and now trades at $104,845.96 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.2% higher against the dollar and now trades at $443.22 or 0.00422734 BTC.
• Bitcoin SV (BSV) traded 1.1% higher against the dollar and now trades at $52.49 or 0.00050064 BTC.
• eCash (XEC) traded down 1.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.3% lower against the dollar and now trades at $0.0944 or 0.00000090 BTC.

Arweave Profile

AR is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 13th, 2018. Arweave’s total supply is 65,652,466 coins. Arweave’s official website is www.arweave.org. Arweave’s official message board 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.

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 US dollars. Investors seeking to trade Arweave should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly 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