Arweave (AR) Price Reaches $28.09

Arweave (AR) traded down 7.3% against the U.S. dollar during the one day period ending at 14:00 PM ET on June 14th. Arweave has a market capitalization of $1.84 billion and approximately $136.53 million worth of Arweave was traded on exchanges in the last day. Over the last seven days, Arweave has traded 26.1% lower against the U.S. dollar. One Arweave coin can currently be bought for approximately $28.09 or 0.00043066 BTC on exchanges.

Here is how other cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded down 2% against the dollar and now trades at $65,226.76 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded down 6.4% against the dollar and now trades at $412.58 or 0.00632573 BTC.
  • Bitcoin SV (BSV) traded down 5.8% against the dollar and now trades at $48.34 or 0.00074109 BTC.
  • eCash (XEC) traded down 5.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded down 6% against the dollar and now trades at $0.14 or 0.00000222 BTC.

Arweave Coin Profile

Arweave (AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 13th, 2018. Arweave’s total supply is 65,652,466 coins. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. Arweave’s official message board is medium.com/@arweave. The official website for Arweave 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.”

Buying and Selling Arweave

It is usually not currently possible to purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Arweave using one of the exchanges listed above.

Receive News & Updates for Arweave Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Arweave and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.