Arweave Self Reported Market Capitalization Tops $119,382,384.51 trillion (AR)

Arweave (AR) traded up 3.3% against the dollar during the 24 hour period ending at 7:00 AM ET on August 4th. In the last week, Arweave has traded 2% higher against the dollar. Arweave has a total market cap of $119,382,384.51 trillion and approximately $6.51 million worth of Arweave was traded on exchanges in the last day. One Arweave coin can now be purchased for $1.82 or 0.00002860 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.9% higher against the dollar and now trades at $63,651.81 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 1.7% against the dollar and now trades at $213.70 or 0.00335729 BTC.
• Bitcoin SV (BSV) traded up 3.1% against the dollar and now trades at $12.88 or 0.00020240 BTC.
• eCash (XEC) traded 4.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.2% higher against the dollar and now trades at $0.0018 or 0.00000003 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 and its circulating supply is 9,223,372,036,854,775,807 coins. 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. Arweave’s official website 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 possible to purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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