Arweave (AR) Tops 24 Hour Trading Volume of $132.32 Million

Arweave (AR) traded 16.9% lower against the U.S. dollar during the one day period ending at 19:00 PM E.T. on April 30th. Arweave has a total market capitalization of $1.98 billion and $132.32 million worth of Arweave was traded on exchanges in the last day. During the last seven days, Arweave has traded down 10.1% against the U.S. dollar. One Arweave coin can now be purchased for about $30.21 or 0.00049986 BTC on exchanges.

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

• Bitcoin (BTC) traded down 5% against the dollar and now trades at $60,435.88 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 8% lower against the dollar and now trades at $431.85 or 0.00714563 BTC.
• Bitcoin SV (BSV) traded 7.9% lower against the dollar and now trades at $60.43 or 0.00099998 BTC.
• eCash (XEC) traded 7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 8.7% lower against the dollar and now trades at $0.20 or 0.00000323 BTC.

Arweave Profile

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 65,454,185 coins. Arweave’s official message board is medium.com/@arweave. Arweave’s official website is www.arweave.org. 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 purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to trade Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView