Arweave Market Cap Hits $304.65 Million (AR)

Arweave (AR) traded 4.9% lower against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on March 18th. One Arweave coin can currently be bought for $9.12 or 0.00033575 BTC on popular exchanges. Arweave has a total market cap of $304.65 million and approximately $28.54 million worth of Arweave was traded on exchanges in the last 24 hours. Over the last seven days, Arweave has traded up 20.1% against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.8% lower against the dollar and now trades at $27,171.34 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.9% against the dollar and now trades at $133.75 or 0.00492261 BTC.
• Bitcoin SV (BSV) traded 2.4% lower against the dollar and now trades at $37.19 or 0.00136857 BTC.
• eCash (XEC) traded 4.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.4% lower against the dollar and now trades at $0.17 or 0.00000614 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 63,190,435 coins and its circulating supply is 33,394,701 coins. The official message board for Arweave is medium.com/@arweave. 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 Twitter account is @arweaveteam and its Facebook page is accessible here.

According to CryptoCompare, “Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever – for the very first time.

As a collectively owned hard drive that never forgets, Arweave allows users to remember and preserve valuable information, apps, and history indefinitely. By preserving history, it prevents others from rewriting”

Arweave Coin Trading

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

AR/USD price chart by TradingView