Arweave Hits 24 Hour Trading Volume of $91.77 Million (AR)

Arweave (AR) traded 5.6% lower against the dollar during the 1-day period ending at 14:00 PM E.T. on April 25th. During the last week, Arweave has traded up 28.5% against the dollar. One Arweave coin can now be bought for $31.64 or 0.00049071 BTC on major cryptocurrency exchanges. Arweave has a market cap of $2.07 billion and $91.77 million worth of Arweave was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $64,475.15 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.3% against the dollar and now trades at $480.15 or 0.00744705 BTC.
• Bitcoin SV (BSV) traded down 3.8% against the dollar and now trades at $66.97 or 0.00103875 BTC.
• eCash (XEC) traded down 1.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.6% higher against the dollar and now trades at $0.23 or 0.00000363 BTC.

About Arweave

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 65,454,185 coins. Arweave’s official message board is medium.com/@arweave. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. Arweave’s official website 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.”

Arweave Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. 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