Arweave Prices Skyrocketed 57%; Will This Rally Continue?

Web2 giant meta interrogates Arweave for storing digital collectibles on their social media platform Instagram causing a massive inflow in AR price. Moreover, this perpendicular growth assisted buyers in forming a bullish reversal pattern called the double bottom.

Timeline of Arweave

Meta shares might be on a continual death spiral, but news of a major NFT integration in the pipeline has sent two cryptocurrencies to the top of the trending charts. Meta announced on Tuesday that users of its Instagram and Facebook social media platforms will soon be able to create and sell NFTs directly to fans via the platforms.

Meta has integrated decentralized data storage protocol Arweave to permanently store digital collectibles from Instagram. The post Meta to use decentralized data storage protocol Arweave to store NFTs from Instagram appeared first on The Block.

Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol's CEO and co-founder Sam Williams announced on Twitter. The post Arweave teams up with Meta for NFT storage, AR token spikes 61% appeared first on CryptoSlate.

Bitcoin bulls have a fight on their hands to keep the world's largest cryptocurrency above the US$20,000 support line. So far so good, but having dipped a further 0.8% to US$20,300 in the past 24 hours, nothing is a given.

The market is frequently introduced to audacious blockchain projects that are underdeveloped and frequently miss the criteria necessary to cater to an educated investment pool. But Arweave brought a fantastic blockchain idea that enables people to bet favourably on its potential value in the cryptocurrency market.

Many people around the world view cryptocurrencies as a means of making serious cash. Normally, to enjoy such a huge return on investment, one has to select the right coin with a good offering.

It's in times of turmoil that fortunes are made. Digital modes of transactions have been around for almost a couple of decades. But recently, cryptocurrency rattled the industry's roots when many coins went over the roof with their prices quadrupling. Everything went smooth until more players joined in, and the environment instantly shifted to more …

Arweave, a platform that aims to provide users with the almost indefinite storage opportunities for different types of data, integrates community-oriented apps and platforms in a user-friendly manner.

In China, residents turn to NFTs stored on the blockchain using Arweave to record moments of the pandemic and other censorable media. The post Arweave Attracts More Chinese Content Creators in Fight Against Censorship appeared first on BeInCrypto.

Arweave AR/USD, Cosmos ATOM/USD, NEM XEM/USD, and Solana SOL/USD are all solid cryptocurrencies that have showcased signs of tremendous recovery in the crypto market. On May 13, 2022, RareCandy3D announced that Arweave had invested in the project and announced a partnership. Cosmos's Twitter also posted a large thread discussing some “words of wisdom, guidance, and The post Top tokens to buy as the crypto market is in recovery appeared first on Invezz.