Arweave (AR) Reaches 24-Hour Volume of $34.10 Million

Arweave (AR) traded down 1.8% against the US dollar during the twenty-four hour period ending at 18:00 PM E.T. on March 18th. During the last week, Arweave has traded up 20.3% against the US dollar. One Arweave coin can now be bought for about $9.04 or 0.00033070 BTC on cryptocurrency exchanges. Arweave has a total market capitalization of $301.73 million and $34.10 million worth of Arweave was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $27,321.82 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $133.15 or 0.00487357 BTC.
• Bitcoin SV (BSV) traded up 3.3% against the dollar and now trades at $37.41 or 0.00136925 BTC.
• eCash (XEC) traded 0.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.7% lower against the dollar and now trades at $0.17 or 0.00000616 BTC.

About Arweave

Arweave 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 63,190,435 coins and its circulating supply is 33,394,701 coins. Arweave’s official Twitter account is @arweaveteam and its Facebook page is accessible here. Arweave’s official website 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 message board is medium.com/@arweave.

According to CryptoCompare, “Arweave is a new type of storage that backs data with sustainable and perpetual endowments, allowing users and developers to truly store data forever – for the very first time.

As a collectively owned hard drive that never forgets, Arweave allows users to remember and preserve valuable information, apps, and history indefinitely. By preserving history, it prevents others from rewriting”

Buying and Selling Arweave

It is usually not currently possible to buy alternative cryptocurrencies such as Arweave directly using US dollars. Investors seeking to acquire Arweave should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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