Arweave (AR) Price Hits $14.36

Arweave (AR) traded down 1.7% against the U.S. dollar during the 24-hour period ending at 20:00 PM Eastern on November 2nd. In the last week, Arweave has traded 11.4% lower against the U.S. dollar. Arweave has a market cap of $942.51 million and approximately $28.07 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be bought for about $14.36 or 0.00020723 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $69,276.80 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1% higher against the dollar and now trades at $353.12 or 0.00509730 BTC.
• Bitcoin SV (BSV) traded 2.1% lower against the dollar and now trades at $48.81 or 0.00070454 BTC.
• eCash (XEC) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.8% lower against the dollar and now trades at $0.0970 or 0.00000140 BTC.

Arweave Profile

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