Arweave Price Tops $14.49 on Major Exchanges (AR)

Arweave (AR) traded 6.2% lower against the dollar during the 1 day period ending at 18:00 PM E.T. on November 1st. One Arweave coin can currently be bought for $14.49 or 0.00020996 BTC on major exchanges. During the last week, Arweave has traded 18.4% lower against the dollar. Arweave has a total market cap of $951.43 million and $41.17 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 1.5% lower against the dollar and now trades at $69,010.98 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.5% lower against the dollar and now trades at $346.01 or 0.00501305 BTC.
• Bitcoin SV (BSV) traded 3% lower against the dollar and now trades at $49.50 or 0.00071716 BTC.
• eCash (XEC) traded down 3.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.4% against the dollar and now trades at $0.0971 or 0.00000141 BTC.

About Arweave

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

Arweave Coin Trading

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

AR/USD price chart by TradingView