Arweave (AR) Reaches 24 Hour Trading Volume of $44.73 Million

Arweave (AR) traded down 6.8% against the U.S. dollar during the 24-hour period ending at 0:00 AM E.T. on July 24th. During the last seven days, Arweave has traded 4.3% lower against the U.S. dollar. Arweave has a total market capitalization of $1.92 billion and approximately $44.73 million worth of Arweave was traded on exchanges in the last day. One Arweave coin can currently be bought for approximately $29.19 or 0.00045582 BTC on exchanges.

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

• Bitcoin (BTC) traded down 3% against the dollar and now trades at $64,038.89 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 4.7% against the dollar and now trades at $351.34 or 0.00548635 BTC.
• Bitcoin SV (BSV) traded down 5.5% against the dollar and now trades at $42.23 or 0.00065949 BTC.
• eCash (XEC) traded down 5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.1% lower against the dollar and now trades at $0.0999 or 0.00000156 BTC.

Arweave Profile

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. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official website for Arweave is www.arweave.org. 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.

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 trade Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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