Arweave Self Reported Market Cap Tops $340,942,493,841.25 Billion (AR)

Arweave (AR) traded 4.7% lower against the US dollar during the 1 day period ending at 12:00 PM ET on April 7th. Over the last week, Arweave has traded 19.7% lower against the US dollar. Arweave has a market cap of $340,942,493,841.25 billion and $89.64 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be purchased for about $5.19 or 0.00006607 BTC on popular exchanges.

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

• Bitcoin (BTC) traded 4.6% lower against the dollar and now trades at $78,820.11 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 7.2% lower against the dollar and now trades at $273.55 or 0.00348201 BTC.
• Bitcoin SV (BSV) traded down 6.7% against the dollar and now trades at $27.03 or 0.00034408 BTC.
• eCash (XEC) traded down 6.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.6% against the dollar and now trades at $0.0346 or 0.00000044 BTC.

Arweave Profile

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 website 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 US dollars. Investors seeking to acquire Arweave should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView