Arweave (AR) Self Reported Market Cap Hits $392,620,716,463.38 Billion

Arweave (AR) traded 9.4% lower against the U.S. dollar during the 1 day period ending at 12:00 PM ET on March 10th. One Arweave coin can now be bought for $5.98 or 0.00007503 BTC on popular cryptocurrency exchanges. Arweave has a market capitalization of $392,620,716,463.38 billion and $61.12 million worth of Arweave was traded on exchanges in the last day. During the last seven days, Arweave has traded down 27.6% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 3.8% lower against the dollar and now trades at $79,673.43 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 4.1% lower against the dollar and now trades at $352.68 or 0.00442653 BTC.
• Bitcoin SV (BSV) traded 2.9% lower against the dollar and now trades at $32.58 or 0.00040887 BTC.
• eCash (XEC) traded down 3.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 6% against the dollar and now trades at $0.0440 or 0.00000055 BTC.

Arweave Profile

Arweave (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 website is www.arweave.org. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. 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.

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 currently possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to acquire Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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