Arweave (AR) One Day Trading Volume Reaches $54.14 Million

Arweave (AR) traded 6% lower against the U.S. dollar during the 1 day period ending at 20:00 PM Eastern on February 18th. Arweave has a market capitalization of $562.61 million and approximately $54.14 million worth of Arweave was traded on exchanges in the last 24 hours. In the last week, Arweave has traded down 8.1% against the U.S. dollar. One Arweave coin can now be bought for about $8.57 or 0.00009004 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 1% against the dollar and now trades at $95,176.08 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded down 2.8% against the dollar and now trades at $314.02 or 0.00329938 BTC.
• Bitcoin SV (BSV) traded 5.3% lower against the dollar and now trades at $37.17 or 0.00039050 BTC.
• eCash (XEC) traded 2.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 5.1% against the dollar and now trades at $0.0670 or 0.00000070 BTC.

Arweave Profile

Arweave (CRYPTO: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. Arweave’s official message board is medium.com/@arweave. The official website for Arweave 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 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 presently possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to trade Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView