Arweave Trading 27.6% Lower Over Last Week (AR)

Arweave (AR) traded down 9.4% against the US dollar during the 24 hour period ending at 12:00 PM ET on March 10th. During the last seven days, Arweave has traded down 27.6% against the US dollar. One Arweave coin can now be purchased for $5.98 or 0.00007503 BTC on major exchanges. Arweave has a total market capitalization of $392,620,716,463.38 billion and $61.12 million worth of Arweave was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 3.8% lower against the dollar and now trades at $79,673.43 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 4.1% against the dollar and now trades at $352.68 or 0.00442653 BTC.
• Bitcoin SV (BSV) traded 2.9% lower against the dollar and now trades at $32.58 or 0.00040887 BTC.
• eCash (XEC) traded 3.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 6% lower against the dollar and now trades at $0.0440 or 0.00000055 BTC.

About Arweave

Arweave (AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2018. Arweave’s total supply is 65,652,466 coins and its circulating supply is 9,223,372,036,854,775,807 coins. Arweave’s official message board is medium.com/@arweave. 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 website for Arweave 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 purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView