Arweave Hits One Day Trading Volume of $85.10 Million (AR)

Arweave (AR) traded 6.9% higher against the US dollar during the twenty-four hour period ending at 11:00 AM ET on November 10th. Arweave has a total market cap of $1.28 billion and $85.10 million worth of Arweave was traded on exchanges in the last 24 hours. Over the last seven days, Arweave has traded up 41.3% against the US dollar. One Arweave coin can now be purchased for $19.44 or 0.00024404 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded up 4.4% against the dollar and now trades at $79,641.72 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 14.7% higher against the dollar and now trades at $438.66 or 0.00550791 BTC.
• Bitcoin SV (BSV) traded up 15.8% against the dollar and now trades at $60.62 or 0.00076121 BTC.
• eCash (XEC) traded up 10.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 7.7% higher against the dollar and now trades at $0.11 or 0.00000137 BTC.

Arweave Coin Profile

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 65,652,466 coins. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. 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.

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

AR/USD price chart by TradingView