Arweave (AR) Trading 4% Lower Over Last Week

Arweave (AR) traded 2.7% lower against the U.S. dollar during the 24 hour period ending at 23:00 PM E.T. on July 30th. One Arweave coin can now be purchased for $30.06 or 0.00045477 BTC on exchanges. Arweave has a market cap of $1.97 billion and approximately $41.77 million worth of Arweave was traded on exchanges in the last 24 hours. In the last seven days, Arweave has traded 4% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $66,090.01 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.5% lower against the dollar and now trades at $433.31 or 0.00655634 BTC.
• Bitcoin SV (BSV) traded down 4.6% against the dollar and now trades at $51.07 or 0.00077279 BTC.
• eCash (XEC) traded down 4.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.7% lower against the dollar and now trades at $0.0958 or 0.00000145 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. The official website for Arweave is www.arweave.org. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. 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.

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 presently possible to buy alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView