Storj Research Hub | STORJ information, history and analysis
Storj was launched in 2018 and was developed by Shawn Wilkinson, John Quinn, and the Storj Labs research team, consisting of leading experts in software development and information technology. Storj provides a secure data storage service that brings data ownership to individuals and businesses by using blockchain technology.
Storj is a highly secure and flexible decentralized cloud storage platform. Storj aims to be a safe, highly secure, user-friendly decentralized cloud service provider network with fast and cost-effective processing speed. Storj is seen as an alternative to some of today’s traditional cloud storage platforms, such as Amazon and Google.
The Storj token (STORJ) is a utility token of the Storj ecosystem, operating on the Ethereum platform according to ERC20 standards and used for the following purposes:
- Paying costs in Storj’s network
- Pay for storage nodes
- Provide incentives to partners for network expansion.
- Exchange in Non-Tardigrade Networks
STORJ trading volume is $ 49.75m. Market capitalization reaches $ 194.73m.
Whales accumulated 40.59 million STORJ
According to data from Lookonchain, in the past 1 month, 4 new addresses have withdrawn a total of 40.59 million STORJ (19,720,000 USD) from exchanges, equivalent to 9.55% of the total supply.
In the past month, STORJ price has also increased by 89.377%.
Storj (STORJ) peaked at 11,576 VNDC, up 76.57% in the past 1 week
STORJ has gained 35.4% in the last 24 hours to a price of 11,576 VNDC, with a trading volume of 76.5 million USD, 6 times the average trading volume of the previous 10 days.