Arweave (AR) Price Hits $33.57 on Major Exchanges

Arweave (AR) traded down 2.9% against the U.S. dollar during the 24-hour period ending at 15:00 PM Eastern on April 3rd. In the last week, Arweave has traded down 17.9% against the U.S. dollar. One Arweave coin can currently be purchased for about $33.57 or 0.00050955 BTC on major exchanges. Arweave has a total market capitalization of $2.20 billion and approximately $46.99 million worth of Arweave was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded down 0.1% against the dollar and now trades at $65,885.25 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 9.4% against the dollar and now trades at $571.30 or 0.00867107 BTC.
  • Bitcoin SV (BSV) traded up 4.1% against the dollar and now trades at $91.56 or 0.00138966 BTC.
  • eCash (XEC) traded 1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Syscoin (SYS) traded down 1.9% against the dollar and now trades at $0.27 or 0.00000409 BTC.

Arweave Profile

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 65,454,185 coins. The official message board for Arweave is medium.com/@arweave. 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.

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 currently 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 Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the exchanges listed above.

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