Arweave Hits 24-Hour Trading Volume of $19.07 Million (AR)

Arweave (AR) traded down 0.1% against the dollar during the 24 hour period ending at 7:00 AM ET on September 29th. Arweave has a total market capitalization of $283,840,447.62 trillion and approximately $19.07 million worth of Arweave was traded on exchanges in the last day. In the last week, Arweave has traded 1.3% lower against the dollar. One Arweave coin can now be bought for approximately $4.33 or 0.00005140 BTC on exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.5% higher against the dollar and now trades at $84,216.91 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.8% against the dollar and now trades at $312.46 or 0.00371016 BTC.
• Bitcoin SV (BSV) traded up 2.7% against the dollar and now trades at $20.62 or 0.00024486 BTC.
• eCash (XEC) traded up 3.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.8% lower against the dollar and now trades at $0.0027 or 0.00000003 BTC.

About Arweave

Arweave (AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was July 13th, 2018. Arweave’s total supply is 65,652,466 coins and its circulating supply is 9,223,372,036,854,775,807 coins. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. The official website for Arweave is www.arweave.org. The official message board for Arweave is medium.com/@arweave. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible 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 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 Changelly, Coinbase or GDAX. 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