Arweave Price Tops $15.96 on Exchanges (AR)

Arweave (AR) traded up 13.1% against the dollar during the twenty-four hour period ending at 19:00 PM E.T. on November 6th. During the last week, Arweave has traded down 4.3% against the dollar. One Arweave coin can now be bought for about $15.96 or 0.00021220 BTC on major cryptocurrency exchanges. Arweave has a market cap of $1.05 billion and approximately $124.82 million worth of Arweave was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 6.3% higher against the dollar and now trades at $75,197.66 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 8.4% higher against the dollar and now trades at $378.29 or 0.00503060 BTC.
• Bitcoin SV (BSV) traded 7.2% higher against the dollar and now trades at $51.39 or 0.00068339 BTC.
• eCash (XEC) traded 8.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 7.7% against the dollar and now trades at $0.0993 or 0.00000132 BTC.

About Arweave

Arweave (CRYPTO: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. Arweave’s official message board is medium.com/@arweave. 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.

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 possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView