Arweave One Day Trading Volume Tops $41.17 Million (AR)

Arweave (AR) traded down 6.2% against the U.S. dollar during the 24-hour period ending at 18:00 PM ET on November 1st. Arweave has a market capitalization of $951.43 million and $41.17 million worth of Arweave was traded on exchanges in the last day. In the last seven days, Arweave has traded down 18.4% against the U.S. dollar. One Arweave coin can currently be purchased for $14.49 or 0.00020996 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.5% lower against the dollar and now trades at $69,010.98 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2.5% lower against the dollar and now trades at $346.01 or 0.00501305 BTC.
• Bitcoin SV (BSV) traded down 3% against the dollar and now trades at $49.50 or 0.00071716 BTC.
• eCash (XEC) traded 3.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 0.4% lower against the dollar and now trades at $0.0971 or 0.00000141 BTC.

Arweave Coin Profile

Arweave (CRYPTO:AR) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was 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 website is www.arweave.org. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. Arweave’s official message board 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 possible to buy alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView