Arweave Tops One Day Volume of $31.47 Million (AR)

Arweave (AR) traded down 2.2% against the dollar during the twenty-four hour period ending at 0:00 AM ET on October 27th. During the last seven days, Arweave has traded down 18.5% against the dollar. One Arweave coin can currently be purchased for approximately $15.77 or 0.00023307 BTC on popular exchanges. Arweave has a market capitalization of $1.04 billion and $31.47 million worth of Arweave was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 0.8% against the dollar and now trades at $67,672.71 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.8% lower against the dollar and now trades at $347.92 or 0.00514124 BTC.
• Bitcoin SV (BSV) traded up 0.2% against the dollar and now trades at $45.58 or 0.00067353 BTC.
• eCash (XEC) traded 0.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 1.1% against the dollar and now trades at $0.0974 or 0.00000144 BTC.

About Arweave

Arweave (AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on July 13th, 2018. Arweave’s total supply is 65,652,466 coins. The official message board for Arweave is medium.com/@arweave. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official website is www.arweave.org.

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 possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to acquire Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView