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It lit the fuse with its new trend: Demand for Arweave (AR) is increasing!
Arweave (AR), which has gained upward momentum with the increased use of cloud technology, has overtaken the altcoin market.
Arweave (AR), whose popularity has increased with the increase in value of cloud technology and storage services, has taken the market by storm in the last two weeks. Both the positive performance of Bitcoin (BTC) and the fact that AR is in the new trend put the parity on the offensive. The popular coin, which increased by more than 100 percent in just three weeks, also managed to become the highest rising project of the last 24 hours.
Although the overall altcoin market has achieved a good atmosphere, many projects have not yet made the expected move. When comparing the BTC price in the past with today's price, most altcoins have not reached their old prices. However, AR, which exploded due to the trend effect, was not included in this category. The popular coin, which outperforms almost all altcoins, is currently at $15.
AR, which is at an intermediate price as of the writing of the news, may move towards 16,383 - 18,265 - 22,098 and 27,325 dollars, respectively, with the interest brought by cloud technology. In this process, the price structure of Filecoin (FIL) and many other projects, which have the same activity as AR, will be a determining factor. If different trends occupy the market, BTC declines or BTC dominance crushes altcoins, there may be a decline for AR to $13,247 – 9,971 – 6,133 and $3,661 respectively.