Arweave 24-Hour Trading Volume Reaches $43.07 Million (AR)

Arweave (AR) traded 3.4% lower against the US dollar during the one day period ending at 0:00 AM E.T. on November 1st. Arweave has a market cap of $972.71 million and approximately $43.07 million worth of Arweave was traded on exchanges in the last 24 hours. During the last week, Arweave has traded down 9% against the US dollar. One Arweave coin can currently be purchased for about $14.82 or 0.00021306 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 0.3% against the dollar and now trades at $69,538.94 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.1% higher against the dollar and now trades at $351.50 or 0.00505476 BTC.
• Bitcoin SV (BSV) traded down 1% against the dollar and now trades at $49.94 or 0.00071816 BTC.
• eCash (XEC) traded down 0.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 5.5% higher against the dollar and now trades at $0.10 or 0.00000146 BTC.

About Arweave

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 Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The official message board for Arweave is medium.com/@arweave. The official website for Arweave is www.arweave.org.

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 acquire Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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