Arweave (AR) Hits 1-Day Volume of $119.82 Million

Arweave (AR) traded up 8.6% against the dollar during the twenty-four hour period ending at 21:00 PM ET on July 11th. In the last seven days, Arweave has traded 13.5% higher against the dollar. Arweave has a total market cap of $1.60 billion and approximately $119.82 million worth of Arweave was traded on exchanges in the last day. One Arweave coin can now be bought for about $24.33 or 0.00042300 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 0.2% against the dollar and now trades at $57,526.50 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2.6% against the dollar and now trades at $348.42 or 0.00605662 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $38.05 or 0.00066142 BTC.
• eCash (XEC) traded down 2.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.3% higher against the dollar and now trades at $0.11 or 0.00000184 BTC.

About Arweave

Arweave is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on July 13th, 2018. Arweave’s total supply is 65,652,466 coins. Arweave’s official website is www.arweave.org. Arweave’s official message board 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.

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 currently 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 Changelly. 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