Arweave Price Reaches $17.06 (AR)

Arweave (AR) traded up 3.4% against the dollar during the one day period ending at 11:00 AM Eastern on December 28th. Arweave has a market cap of $1.12 billion and approximately $72.96 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can currently be bought for approximately $17.06 or 0.00018079 BTC on major cryptocurrency exchanges. In the last seven days, Arweave has traded 4.5% higher against the dollar.

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

• Bitcoin (BTC) traded 0.6% higher against the dollar and now trades at $94,379.39 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.7% higher against the dollar and now trades at $443.71 or 0.00470131 BTC.
• Bitcoin SV (BSV) traded 1.6% higher against the dollar and now trades at $53.46 or 0.00056641 BTC.
• eCash (XEC) traded 3.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 6.7% against the dollar and now trades at $0.12 or 0.00000124 BTC.

About Arweave

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. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official message board for Arweave is medium.com/@arweave. The official website for Arweave 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.

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 buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView