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Top Crypto Gainer of the Day: Arweave ($AR)

Top Crypto Gainer of the Day Altcoin News
  • Today, the top crypto gainer is Arweave (AR).
  • In the last 24 hours, it gained more than 30%.
  • AR also gained 192.40% in just 2 weeks.

Today, the top crypto gainer is Arweave (AR). In the last 24 hours, it gained more than 30%.

Looking at this AR chart, the coin also gained 192.40% in just 2 weeks from August 27th to September 9.

Moreover, in just a span of one month, the price went from $16.51 to $74.03. In fact, this is the all-time high recorded for AR which happened on September 10, 2021.

Arweave
AR Chart | Source: Tradingview

Yesterday, AR’s low was $36.13 while its high was $48.21. As of writing, it gained +26.96% in the last 24 hours.

Arweave is a decentralized storage network seeking to offer a platform for the indefinite storage of data. Describing itself as “a collectively owned hard drive that never forgets,” the network primarily hosts “the permaweb” — a permanent, decentralized web with a number of community-driven applications and platforms.

Originally called Archain in 2017, the project was later renamed Arweave in February 2018 and officially launched in June 2018.

Moreover, Arweave is a new form of storage that allows end-users and developers to store data indefinitely. With Arweave, users can preserve and remember valuable information, apps, and history forever as a collectively owned and operated hard drive. In fact, one of their taglines says,

By preserving history, it prevents others from rewriting it.

According to coinmarketcap, Arweave is now trading at $51.33 with a 24-hour trading volume of $91,736,571. 

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Britney is a market analyst who covers stories about the cryptocurrency world. She holds a Business Administration Degree in Finance and aims to let the readers understand crypto from a beginner perspective.