Arweave (AR) 1-Day Volume Tops $53.66 Million

Arweave (AR) traded up 6.9% against the U.S. dollar during the 24-hour period ending at 20:00 PM ET on October 14th. Arweave has a market cap of $1.35 billion and approximately $53.66 million worth of Arweave was traded on exchanges in the last 24 hours. In the last week, Arweave has traded up 8.1% against the U.S. dollar. One Arweave coin can currently be bought for $20.56 or 0.00031097 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 5.3% higher against the dollar and now trades at $66,103.72 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 13.8% against the dollar and now trades at $365.36 or 0.00552714 BTC.
• Bitcoin SV (BSV) traded up 9.6% against the dollar and now trades at $49.57 or 0.00074986 BTC.
• eCash (XEC) traded up 7.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 4.4% against the dollar and now trades at $0.11 or 0.00000160 BTC.

Arweave Profile

Arweave (CRYPTO:AR) 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. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official message board for Arweave is medium.com/@arweave. The official website for Arweave is www.arweave.org. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here.

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 presently 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView