Arweave (AR) price surged 9% in 24 hours, likely influenced by Bitcoin’s advancement, and it grew nearly 65% in 24 days. BTC has surpassed the $69,500 mark amid a positive crypto market. With BTC surpassing $69500, the entire crypto market cap has surged to $2.48 Trillion, a 3.09% intraday rise.
AR/USD & BTC/USD 1.D. | Source: TradingView
AR’s growth corresponded to a 7% market cap surge intraday. It ranked 4th in the global crypto list. Meanwhile, in the past 24 hours, the token’s market cap also surged by 7% to $2.155 Billion.
Similarly, its 24-hour volume on the spot has also experienced growth by 4.62% on all tradeable platforms, which amounted to $45.301 Million. Despite the surge, its liquidity status is weak as of writing, where the volume-to-market cap ratio of 24 hours stands at 2.11%.
Tokenomics shows that 65.65 Million ARs (99.47%) are circulating in people’s hands from a total supply of 66 Million ARs.
Analyst Perspective for AR Price Growth
AR is e
We współpracy z: https://www.thecoinrepublic.com/2024/07/30/arweave-ar-on-fire-can-it-break-through-40-barrier/
