Storj Price
(STORJ)
USD($)
Storj (STORJ) Live Price Chart
Overview
About
Analysis
FAQ
Storj Live Price Data
The live price of Storj is $0.4830, with a total trading volume of $ 95,658 in the last 24 hours. The price of Storj changed by +10.77% in the past day, and its USD value has decreased by -18.68% over the last week. With a circulating supply of 399,677,640 STORJ, the market cap of Storj is currently 193.64M USD, marking a --% increase today. Storj currently ranks #211 in market cap.
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Note: This data is for reference only.
Storj(STORJ) Profile
Rank211
--Expand 
Website
Documentation
Explorer
Contract
- Ethereum 0xb64ef5...8ac
Audited By
- --
Code & Community
Investors
- Asymmetry Asset Management
- Decentral Park Capital
$0.3978
$0.4914
- ATH
- $3.91
- Price Change (1h)
- -1.26%
- Price Change (24h)
- +10.77%
- Price Change (7d)
- -18.68%
- Market Cap
- $193.64M
- 24h Volume
- $95,658
- Circulating Supply
- 399,677,640
- Max Supply
- --
About STORJ
How can I buy Storj (STORJ)?
Buying STORJ on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Storj (STORJ) for more information. What Is Storj (STORJ) Crypto?
Storj is a decentralized cloud storage platform that leverages blockchain technology to provide secure and cost-effective storage solutions. It operates on a decentralized network of computers, creating a distributed storage system.
Users can rent out their unused hard drive space and, in return, earn STORJ tokens as compensation. These tokens can also be used to pay for storage space on the network.
Storj uses encryption to ensure data remains private and secure. Files are divided into smaller pieces and distributed across multiple nodes, making it challenging for unauthorized access.
Powered by blockchain technology, Storj aims to offer storage solutions at a lower cost compared to traditional cloud storage providers, making it appealing for businesses and individuals looking to reduce their storage expenses. Moreover, its decentralized nature means there is no single point of failure, enhancing data reliability and availability.
STORJ is the native token of the Storj platform. It is used within the network for payments and incentives, facilitating the functioning of the decentralized storage ecosystem.
How Does Storj Network Work?
Storj is a decentralized cloud storage platform that utilizes blockchain technology. Here's how this web3 project works:
File Division
Storj divides every file into smaller encrypted pieces. These pieces are then distributed across a global network of nodes operated by individuals, creating a decentralized storage system.
Data Security
Data on Storj is highly secure due to encryption and distribution. Each piece of data is encrypted, ensuring privacy. The decentralized nature means no central point of failure, enhancing security.
Renting Storage Space
Users can rent out their unused hard drive space to the network. In return, they earn STORJ tokens as compensation. This decentralized approach reduces the cost of storage for users.
Decentralized Model
Storj's decentralized model ensures data availability, even in the face of node failures. It also offers resistance to censorship and lowers the risk of data breaches.
History of Storj Cloud Storage
Storj, short for "Storage," is a decentralized cloud storage platform launched in 2014. Shawn Wilkinson founded it, and later developed by Storj Labs.
Wilkinson conceptualized the platform to harness unused storage capacity worldwide and create a decentralized storage ecosystem. The Storj protocol was launched to revolutionize the cloud storage industry through its decentralized model.
According to the Storj roadmap, key developments under consideration by the project’s developers include zkSync Era support for Storj DCS customers, zkSync Era support for StorjScan, and automating account updates and limit increases for STORJ token payments.
Storj (STORJ) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.0479 | 11.03% |
| 7 Days | $-0.111 | -18.68% |
| 30 Days | $-0.0079 | -1.61% |
| 3 Months | $-0.1111 | -18.69% |
24H Investment Barometer
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Storj Conversion Rate
FAQ
How much is 1 Storj (STORJ) worth?
KuCoin provides real-time USD price updates for Storj (STORJ). Storj price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time STORJ to USD exchange rates. Is Storj (STORJ) a Good Investment?
STORJ can be considered a good investment for several reasons:
Storj’s Decentralized Cloud Storage Technology
Storj offers a unique and innovative decentralized cloud storage solution. It leverages blockchain technology to create a secure and cost-effective storage network. This technology has the potential to disrupt traditional cloud storage providers.
Growing Demand for Storage Services
With the increasing need for data storage and privacy, there is a growing demand for decentralized and secure storage solutions like Storj. This demand can drive the value of STORJ tokens as they are integral to the Storj ecosystem.
Storj’s Active Community
Storj has an active and engaged community of users and developers contributing to its growth and improvement. Active development and community involvement can contribute to the project's success.
What Is Storj Price Prediction?
The incredibly volatile crypto market makes providing a precise STORJ coin price prediction impossible. However, you could gain some insight into the price trends in Storj crypto by monitoring the following factors:
Level of Adoption of Storj Platform
Storj's partnerships with businesses and enterprises’ adoption of its technology can positively impact the token price. It indicates real-world use and potential growth in demand for STORJ tokens.
Utility and Use Cases for STORJ
Their utility influences the demand for STORJ tokens within the Storj ecosystem. STORJ tokens are used for payments, incentivizing network participants, and participating in governance, so increased usage can drive demand.
Developments in the Storj Roadmap
Technological advancements and upgrades to the Storj network can affect the token price. Improved scalability, security, and efficiency can attract more users and investors.
Crypto Market Sentiment
Trends can influence STORJ’s price in the broader cryptocurrency market. Bullish phases in the crypto market often benefit most cryptocurrencies, including STORJ.
Storj’s Environmental Considerations
Storj's commitment to environmentally friendly practices can also appeal to eco-conscious investors and positively affect the token's reputation.
What Is STORJ Token Used for?
STORJ serves several functions within the Storj ecosystem, including:
Payment for Decentralized Storage
STORJ tokens are used as a means of payment for utilizing the Storj network's decentralized storage services. Users pay for storing and retrieving data on the network using STORJ tokens.
Incentive Token for Node Operators
Node operators, who provide storage space and bandwidth on the Storj network, earn STORJ tokens as rewards. These tokens serve as incentives for maintaining the network's functionality.
Participate in Storj’s Decentralized Governance
STORJ token holders can participate in network governance decisions. They can vote on proposals and changes to the Storj network's protocols and policies.
Trade or HODL STORJ
Trade Storj crypto against other tokens on the KuCoin Spot Market to profit from changing market conditions and volatility. Buy or sell STORJ, or hold it long-term if you believe in the future potential of the decentralized Storj cloud storage network. Conduct thorough research, consider your risk tolerance, and stay informed about developments in the Storj ecosystem and the broader crypto market before making investment decisions.
How to Earn STORJ
There are various ways to earn STORJ, such as:
Host a Storage Node
One of the primary ways to earn STORJ tokens is by hosting a storage node on the Storj network. Node operators provide storage space and bandwidth; in return, they receive STORJ tokens as rewards.
Share Unused Disk Space
If you have unused disk space on your computer or storage devices, you can use Storj to make money.
Trade STORJ
Trade Storj token in the crypto market to profit from changing market conditions. Remember to DYOR before entering any new trade in the market.
Earn Passive Income on KuCoin
KuCoin lets you put your STORJ holdings to work to generate passive income. Head to KuCoin Earn to see the latest flexible savings products and APRs on offer before you subscribe. You can also lend liquidity in STORJ via KuCoin Crypto Lending to earn attractive APYs in a low-risk manner.
Who Are Storj’s Competitors?
Storj, a decentralized cloud storage network, has several competitors in distributed storage and blockchain technology. Storj’s competitors include Filecoin, Siacoin, MaidSafe, Swarm, Arweave, and Tardigrade by Storj Labs. Additionally, Storj offers far more competitive and affordable cloud storage solutions than Amazon Web Services (AWS).
What is the all-time high price of Storj (STORJ)?
The all-time high price of Storj (STORJ) is $3.9000. The current price of STORJ is down 87.64% from its all-time high.
What is the all-time low price of Storj (STORJ)?
The all-time low price of Storj (STORJ) is $0.0483. The current price of STORJ is up 899.32% from its all-time low.
How much Storj (STORJ) is there in circulation?
As of 12 21, 2024, there is currently 399,677,640 STORJ in circulation. STORJ has a maximum supply of --.
What is the market cap of Storj (STORJ)?
The current market cap of STORJ is $193.64M. It is calculated by multiplying the current supply of STORJ by its real-time market price of $193.64M.
How do I store Storj (STORJ)?
You can securely store your Storj in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your STORJ include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Celestia (TIA) to cash?
You can instantly exchange your Celestia (TIA) for cash using KuCoin's Fast Trade feature. This feature enables you to convert TIA to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.