Arweave (AR) Market Capitalization Achieves $2.22 Billion

Arweave (AR) traded up 4.1% against the US dollar during the 1 day period ending at 22:00 PM E.T. on April 25th. During the last week, Arweave has traded 48.7% higher against the US dollar. Arweave has a total market cap of $2.22 billion and approximately $141.48 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be bought for $33.85 or 0.00052558 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 0.4% against the dollar and now trades at $64,429.50 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.5% lower against the dollar and now trades at $476.24 or 0.00739507 BTC.
• Bitcoin SV (BSV) traded 3% lower against the dollar and now trades at $65.65 or 0.00101947 BTC.
• eCash (XEC) traded up 2.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 2% higher against the dollar and now trades at $0.23 or 0.00000361 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 65,454,185 coins. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. 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. Arweave’s official message board is medium.com/@arweave.

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