Arweave 24-Hour Trading Volume Reaches $23.48 Million (AR)

Arweave (AR) traded 0.8% higher against the U.S. dollar during the twenty-four hour period ending at 7:00 AM Eastern on April 22nd. One Arweave coin can currently be bought for $2.09 or 0.00002677 BTC on popular cryptocurrency exchanges. Arweave has a total market cap of $137,165,771.71 trillion and $23.48 million worth of Arweave was traded on exchanges in the last day. Over the last seven days, Arweave has traded 17.3% higher against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 2.2% higher against the dollar and now trades at $78,109.92 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 5.4% higher against the dollar and now trades at $471.00 or 0.00603001 BTC.
• Bitcoin SV (BSV) traded 1.5% higher against the dollar and now trades at $16.31 or 0.00020874 BTC.
• eCash (XEC) traded up 1.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 0.9% against the dollar and now trades at $0.0105 or 0.00000013 BTC.

Arweave Profile

Arweave (CRYPTO: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 and its circulating supply is 9,223,372,036,854,775,807 coins. Arweave’s official website is www.arweave.org. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official message board 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 currently possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to acquire Arweave should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView