Arweave Trading Down 10.2% This Week (AR)

Arweave (AR) traded down 0.8% against the US dollar during the 24 hour period ending at 11:00 AM E.T. on January 9th. Arweave has a total market capitalization of $1.04 billion and $97.12 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can currently be bought for $15.79 or 0.00016717 BTC on popular cryptocurrency exchanges. Over the last seven days, Arweave has traded down 10.2% against the US dollar.

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

• Bitcoin (BTC) traded down 0.9% against the dollar and now trades at $94,447.60 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.4% lower against the dollar and now trades at $430.78 or 0.00456110 BTC.
• Bitcoin SV (BSV) traded up 0.4% against the dollar and now trades at $52.95 or 0.00056058 BTC.
• eCash (XEC) traded 4.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.9% higher against the dollar and now trades at $0.11 or 0.00000117 BTC.

About 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. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official message board is medium.com/@arweave. 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 purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView