Arweave Price Reaches $4.67 (AR)

Arweave (AR) traded 9.1% higher against the US dollar during the 1-day period ending at 7:00 AM E.T. on September 21st. One Arweave coin can now be bought for about $4.67 or 0.00005523 BTC on major cryptocurrency exchanges. Arweave has a total market cap of $306,112,771.31 trillion and approximately $73.98 million worth of Arweave was traded on exchanges in the last day. During the last seven days, Arweave has traded 65.7% higher against the US dollar.

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

• Bitcoin (BTC) traded 5.4% higher against the dollar and now trades at $84,528.65 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 8.1% higher against the dollar and now trades at $265.76 or 0.00314400 BTC.
• Bitcoin SV (BSV) traded 7.8% higher against the dollar and now trades at $17.97 or 0.00021255 BTC.
• eCash (XEC) traded 6.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.4% lower against the dollar and now trades at $0.0020 or 0.00000002 BTC.

Arweave Profile

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 and its circulating supply is 9,223,372,036,854,775,807 coins. Arweave’s official message board is medium.com/@arweave. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official website is www.arweave.org. 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.”

Buying and Selling Arweave

It is usually not 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, Coinbase or Gemini. 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