Arweave (AR) Tops 1-Day Volume of $23.79 Million

Arweave (AR) traded 1.5% lower against the dollar during the 1-day period ending at 10:00 AM ET on January 25th. Arweave has a market capitalization of $963.02 million and $23.79 million worth of Arweave was traded on exchanges in the last day. One Arweave coin can now be purchased for about $14.67 or 0.00013990 BTC on major cryptocurrency exchanges. In the last seven days, Arweave has traded 11.6% lower against the dollar.

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

• Bitcoin (BTC) traded down 1% against the dollar and now trades at $104,845.96 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 1.2% higher against the dollar and now trades at $443.22 or 0.00422734 BTC.
• Bitcoin SV (BSV) traded up 1.1% against the dollar and now trades at $52.49 or 0.00050064 BTC.
• eCash (XEC) traded 1.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded down 2.3% against the dollar and now trades at $0.0944 or 0.00000090 BTC.

About Arweave

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. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. Arweave’s official message board is medium.com/@arweave. 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.

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 currently 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 Changelly, GDAX or Coinbase. 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