Arweave (AR) Reaches 1-Day Volume of $39.62 Million

Arweave (AR) traded down 2.2% against the U.S. dollar during the one day period ending at 12:00 PM E.T. on September 10th. One Arweave coin can now be purchased for $20.04 or 0.00035387 BTC on popular cryptocurrency exchanges. In the last week, Arweave has traded 2.7% lower against the U.S. dollar. Arweave has a total market cap of $1.32 billion and approximately $39.62 million worth of Arweave was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 0.5% against the dollar and now trades at $56,664.58 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 2.2% against the dollar and now trades at $325.07 or 0.00573872 BTC.
• Bitcoin SV (BSV) traded up 8.8% against the dollar and now trades at $50.05 or 0.00088363 BTC.
• eCash (XEC) traded 0.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.7% lower against the dollar and now trades at $0.11 or 0.00000187 BTC.

Arweave Coin 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 65,652,466 coins. The official website for Arweave 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. The official message board for Arweave is medium.com/@arweave.

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 presently possible to purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView