Arweave (AR) Price Down 7.8% This Week

Arweave (AR) traded down 0.2% against the U.S. dollar during the one day period ending at 15:00 PM E.T. on October 22nd. Over the last seven days, Arweave has traded 7.8% lower against the U.S. dollar. Arweave has a market capitalization of $1.21 billion and $28.07 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be bought for $18.42 or 0.00027328 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.6% lower against the dollar and now trades at $67,416.59 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.6% against the dollar and now trades at $356.51 or 0.00528810 BTC.
• Bitcoin SV (BSV) traded 1.4% lower against the dollar and now trades at $48.22 or 0.00071523 BTC.
• eCash (XEC) traded 0.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 2.1% against the dollar and now trades at $0.11 or 0.00000158 BTC.

Arweave Coin Profile

Arweave (CRYPTO: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 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 website is www.arweave.org. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible 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 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 GDAX, Gemini or Coinbase. 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