Arweave (AR) One Day Volume Hits $143.76 Million

Arweave (AR) traded 2% higher against the U.S. dollar during the 24 hour period ending at 15:00 PM E.T. on March 28th. Over the last seven days, Arweave has traded up 23.4% against the U.S. dollar. Arweave has a market cap of $2.71 billion and approximately $143.76 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be bought for $41.47 or 0.00058808 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 3.3% higher against the dollar and now trades at $70,524.84 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 6.7% higher against the dollar and now trades at $570.48 or 0.00808908 BTC.
• Bitcoin SV (BSV) traded 2.4% higher against the dollar and now trades at $92.08 or 0.00130558 BTC.
• eCash (XEC) traded 2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Syscoin (SYS) traded 9.5% higher against the dollar and now trades at $0.29 or 0.00000406 BTC.

Arweave Profile

Arweave 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 Twitter account is @arweaveeco and its Facebook page is accessible here. The official message board for Arweave is medium.com/@arweave. 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.”

Buying and Selling Arweave

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

AR/USD price chart by TradingView