Why Arweave Was Trouncing Other Cryptos This Weekend

There were few standouts this weekend in what was generally a sleepy few days for cryptocurrency trading. One notable exception was Arweave (CRYPTO: AR), which as of noon on Sunday was up by more than 10% across the preceding 24 hours, in sharp contrast to the essentially flat performance of investor favorites Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Cardano (CRYPTO: ADA).

Arweave was basically a speedy minnow among dozing sharks. The somewhat under-the-radar coin has a market cap below $2 billion, which isn't anywhere near the almost $900 billion of Bitcoin, the $466 billion of Ethereum, or even Cardano's $42 billion and change.

Image source: Getty Images.

Source Fool.com