Arweave Price Reaches $9.38 (AR)

Arweave (AR) traded up 4.7% against the US dollar during the 24 hour period ending at 11:00 AM ET on February 14th. One Arweave coin can currently be purchased for approximately $9.38 or 0.00009682 BTC on popular exchanges. Arweave has a market cap of $615.88 million and approximately $35.80 million worth of Arweave was traded on exchanges in the last 24 hours. Over the last week, Arweave has traded down 4.1% against the US dollar.

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

• Bitcoin (BTC) traded 1.5% higher against the dollar and now trades at $96,889.94 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 3.9% against the dollar and now trades at $344.72 or 0.00355782 BTC.
• Bitcoin SV (BSV) traded 2.6% higher against the dollar and now trades at $40.20 or 0.00041494 BTC.
• eCash (XEC) traded 2.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.9% higher against the dollar and now trades at $0.0741 or 0.00000076 BTC.

About Arweave

Arweave (AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on July 13th, 2018. Arweave’s total supply is 65,652,466 coins. The official website for Arweave 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. Arweave’s official message board is medium.com/@arweave. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible 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.”

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