Arweave (AR) Tops 24 Hour Trading Volume of $23.26 Million

Arweave (AR) traded down 0.8% against the US dollar during the 24-hour period ending at 7:00 AM ET on October 19th. Over the last week, Arweave has traded 2.7% lower against the US dollar. Arweave has a total market capitalization of $1.23 billion and approximately $23.26 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be purchased for about $18.71 or 0.00027401 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.6% higher against the dollar and now trades at $68,264.41 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 1.6% against the dollar and now trades at $364.78 or 0.00534360 BTC.
• Bitcoin SV (BSV) traded 1.3% lower against the dollar and now trades at $50.74 or 0.00074329 BTC.
• eCash (XEC) traded down 0.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.4% lower against the dollar and now trades at $0.10 or 0.00000148 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. 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. The official website for Arweave is www.arweave.org. 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.”

Arweave Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the exchanges listed above.

AR/USD price chart by TradingView