Arweave (AR) Price Reaches $16.57 on Top Exchanges

Arweave (AR) traded 2.9% lower against the dollar during the 24-hour period ending at 14:00 PM Eastern on October 30th. Arweave has a total market capitalization of $1.09 billion and approximately $38.66 million worth of Arweave was traded on exchanges in the last 24 hours. In the last seven days, Arweave has traded 6% lower against the dollar. One Arweave coin can currently be bought for $16.57 or 0.00023076 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.4% lower against the dollar and now trades at $71,822.60 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.6% lower against the dollar and now trades at $370.68 or 0.00516098 BTC.
• Bitcoin SV (BSV) traded 3.4% lower against the dollar and now trades at $50.52 or 0.00070343 BTC.
• eCash (XEC) traded 2.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.2% lower against the dollar and now trades at $0.10 or 0.00000143 BTC.

About Arweave

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. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official message board for Arweave is medium.com/@arweave. 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 presently possible to purchase alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView