Arweave Price Down 13% This Week (AR)

Arweave (AR) traded 2.9% lower against the dollar during the 24-hour period ending at 20:00 PM Eastern on November 3rd. During the last week, Arweave has traded 13% lower against the dollar. One Arweave coin can now be bought for $13.93 or 0.00020215 BTC on popular exchanges. Arweave has a total market cap of $914.38 million and $47.91 million worth of Arweave was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $68,898.71 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 3.9% lower against the dollar and now trades at $338.91 or 0.00491891 BTC.
• Bitcoin SV (BSV) traded 1.4% lower against the dollar and now trades at $47.72 or 0.00069265 BTC.
• eCash (XEC) traded 2.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 9.8% against the dollar and now trades at $0.0869 or 0.00000126 BTC.

Arweave Profile

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.”

Buying and Selling Arweave

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

AR/USD price chart by TradingView