Arweave (AR) Trading Down 8.9% Over Last 7 Days

Arweave (AR) traded down 1.4% against the US dollar during the 1 day period ending at 14:00 PM E.T. on January 12th. In the last seven days, Arweave has traded 8.9% lower against the US dollar. Arweave has a market capitalization of $243,410,583.61 trillion and $20.26 million worth of Arweave was traded on exchanges in the last day. One Arweave coin can currently be bought for about $3.71 or 0.00004039 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $91,843.68 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 5.7% lower against the dollar and now trades at $619.31 or 0.00674314 BTC.
• Bitcoin SV (BSV) traded 0.9% lower against the dollar and now trades at $19.35 or 0.00021070 BTC.
• eCash (XEC) traded 0.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.9% lower against the dollar and now trades at $0.0191 or 0.00000021 BTC.

About Arweave

Arweave is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on 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 Twitter account is @arweaveeco and its Facebook page is accessible here. The official message board for Arweave 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.

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 possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to acquire Arweave should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, 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