Arweave One Day Trading Volume Tops $22.59 Million (AR)

Arweave (AR) traded up 4.4% against the US dollar during the one day period ending at 7:00 AM E.T. on September 1st. One Arweave coin can now be bought for approximately $2.19 or 0.00002803 BTC on major exchanges. Over the last week, Arweave has traded 2.7% lower against the US dollar. Arweave has a market capitalization of $143,446,357.94 trillion and approximately $22.59 million worth of Arweave was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.5% lower against the dollar and now trades at $78,044.00 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 0.3% higher against the dollar and now trades at $248.21 or 0.00318033 BTC.
• Bitcoin SV (BSV) traded 1.8% lower against the dollar and now trades at $15.76 or 0.00020192 BTC.
• eCash (XEC) traded down 0.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 35.9% against the dollar and now trades at $0.0027 or 0.00000003 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 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. The official website for Arweave is www.arweave.org. 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 presently possible to purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to trade Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView