Arweave (AR) Price Hits $19.59 on Exchanges

Arweave (AR) traded down 14% against the U.S. dollar during the one day period ending at 18:00 PM ET on October 1st. Arweave has a market cap of $1.29 billion and approximately $141.73 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be purchased for $19.59 or 0.00032209 BTC on popular cryptocurrency exchanges. During the last seven days, Arweave has traded 14.7% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded down 4.3% against the dollar and now trades at $60,834.93 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 6.6% against the dollar and now trades at $318.19 or 0.00523039 BTC.
• Bitcoin SV (BSV) traded 8.2% lower against the dollar and now trades at $45.30 or 0.00074464 BTC.
• eCash (XEC) traded 6.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 12% lower against the dollar and now trades at $0.0947 or 0.00000156 BTC.

Arweave Coin Profile

Arweave 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. 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. The official message board for Arweave is medium.com/@arweave.

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. 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