Arweave (AR) Hits 24 Hour Volume of $6.77 Million

Arweave (AR) traded down 0% against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on July 11th. Over the last seven days, Arweave has traded 4.5% lower against the U.S. dollar. One Arweave coin can currently be purchased for approximately $2.00 or 0.00003120 BTC on major cryptocurrency exchanges. Arweave has a market cap of $131,227,212.93 trillion and approximately $6.77 million worth of Arweave was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $64,119.34 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.7% lower against the dollar and now trades at $246.66 or 0.00384682 BTC.
• Bitcoin SV (BSV) traded up 0.6% against the dollar and now trades at $13.67 or 0.00021319 BTC.
• eCash (XEC) traded down 0.3% 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 $0.0024 or 0.00000004 BTC.

Arweave Profile

Arweave (AR) 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 and its circulating supply is 9,223,372,036,854,775,807 coins. 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. Arweave’s official website is www.arweave.org. 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 possible to buy alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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