Arweave dips despite introducing innovative AI-like system on AO compute layer.
What's Happening:
AR trading at $3.42, down 0.87% amid broader market caution
"Sixth Entity" AI system launched Dec 18 on AO compute layer with permanent storage
AO decentralized computing layer expanding to run apps, process data, power AI workloads
Analysts see AR as undervalued despite 49% drop over 90 days
Why It Matters:
Arweave's "pay once, store forever" model becomes critical as AI needs permanent data. The Sixth Entity proves the vision—AI systems with permanent memory on-chain. As AI proliferates, Arweave becomes the permanent storage layer. At $3.42 after 49% drop, AR prices in skepticism, not potential.
Technical View:
$AR down 0.87%, consolidating near $3.40 after steep 90-day correction. Support at $3.20 must hold to maintain structure. Resistance at $3.90. Short-term bearish, but permanent storage thesis intact for patient holders.
🎯 Key Levels:
Support: $3.20 | Resistance: $3.90
24h Range: $3.38 - $3.48
💡 AI with permanent memory isn't science fiction—it's Arweave's AO layer.
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Arweave #AR #PermanentStorage #AI #DataAvailability
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
