Arweave (AR) Price Tops $17.93 on Top Exchanges

Arweave (AR) traded up 13.7% against the U.S. dollar during the 24-hour period ending at 11:00 AM E.T. on December 24th. Arweave has a market capitalization of $1.18 billion and $126.09 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be purchased for $17.93 or 0.00018278 BTC on major cryptocurrency exchanges. During the last week, Arweave has traded 15.1% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 4.8% higher against the dollar and now trades at $98,080.14 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 9.8% higher against the dollar and now trades at $475.85 or 0.00485164 BTC.
• Bitcoin SV (BSV) traded up 8.6% against the dollar and now trades at $57.40 or 0.00058523 BTC.
• eCash (XEC) traded up 7.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 12.1% against the dollar and now trades at $0.12 or 0.00000123 BTC.

Arweave Profile

Arweave (CRYPTO: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. 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. 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 US dollars. Investors seeking to acquire Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView