Storj Price

$0.4993 +0.790%

Market cap$211,206,673.02

Volume (24h)$18,565,696.52

Highest price (24h)$0.5078

Circulating supply424,999,998 STORJ

About

Why track STORJ price?

Tracking the STORJ price is pivotal for several reasons. As the token for Storj DCS, a decentralized storage solution, its price reflects the company's performance, market sentiment, and investor confidence.

Regular tracking can guide investment decisions, revealing buy, hold, or sell opportunities.

Price fluctuations can indicate short-term trading potentials, while those earning or using STORJ for payments need its value for financial planning.

Developers integrating STORJ benefit from price insights for strategic decisions and pricing models.

Furthermore, the token's price can shed light on the broader decentralized storage market, indicating Storj's positioning, potential threats, or partnerships.

Given the crypto market's volatility, monitoring STORJ value ensures one stays updated and navigates this decentralized landscape effectively.

What info is displayed on the STORJ price chart?

The Paybis STORJ price chart displays the following data:

Live STORJ price
Current Market Cap of STORJ
24hr Volume of STORJ
Highest price of STORJ in last 24 hours
Circulating supply of STORJ
Price of Storj in 50+ fiat currencies

Utilize this data to garner insights about the STORJ cryptocurrency market.

Storj price history

Below is the Storj price history from 2017 to 2022. Please note that past performance does not guarantee future returns.

2017: The Storj ICO took place on May 18-24, 2017. The ICO price was $0.50 per STORJ.
2018: The token price remained relatively stable in 2018, trading between $0.2 and $1.
2019: The token price began to rise in 2019 and reached $0.15 in December.
2020: The token price reached a high of about $0.70 on March 28, 2021. However, the price then crashed and fell back to around $0.30 by the end of the year.
2021: The token price reached an all-time high of $3.91 on March 28, 2021. It ended the year around the $2 mark.
2022: The token price remained relatively stable in 2022, trading between $1.30 and $0.30.

Storj price today

The Storj platform and its unique approach to decentralized cloud storage make STORJ token pivotal to its ecosystem.

With the growing interest in decentralized solutions, the STORJ price now is subject to market dynamics.

Use this page on Paybis to monitor the current Storj price, and employ the STORJ filter for customization.

Assess the Storj price today, weekly, monthly, yearly, or across custom timeframes.
Precisely estimate your STORJ price in USD or any of the 50+ available government-issued currencies
Check the Storj price tracker live, including the market cap, 24hr volume, peak price, and circulating supply

Learn about converting STORJ to USD here.

Analyzing Storj price trends

To make informed decisions regarding Storj investments, it's crucial to understand the factors influencing STORJ's value. Paybis empowers you to do this to an extent and help get you off the ground in your research endeavor.

Developments in decentralized storage, updates to the Storj network, and broader crypto trends can sway its price. The Paybis STORJ price USD chart provides a live perspective.

Explore various timeframes to discern both immediate price shifts and long-term trends. With a user-friendly interface, converting STORJ to USD, GBP, EUR, and other currencies is streamlined on the platform. Analyze Storj worth with the help of Paybis STORJ price chart today.

How will STORJ price change in the future?

The future of decentralized storage is promising, and Storj is at its forefront. However, predicting the exact trajectory of STORJ's price remains a challenge.

Given its unique value proposition, if Storj continues to see increased adoption and achieves its goals of revolutionizing decentralized storage solutions, STORJ price could experience upward price momentum.

Collaborations with prominent tech players and positive developments in the decentralized storage space can further boost its market position.

On the contrary, stiff competition, potential technical issues, or unfavorable regulatory shifts can pose challenges. While historical performance and current trends provide insights, they are not indicative of future results.

Therefore, potential investors should exercise caution, conduct thorough research, and possibly seek advice from financial professionals before making any investment decisions regarding Storj price or any other cryptocurrency.

Use the Paybis STORJ calculator to check for a good price.

What is Storj?

Storj is a decentralized cloud storage platform that uses blockchain technology to ensure data security and distribution.

Unlike traditional cloud services that rely on centralized servers, Storj breaks files into encrypted fragments, dispersing them across a global network of individual nodes. This approach not only enhances data privacy but also reduces the risk of server downtimes and vulnerabilities.

Participants, known as "farmers,” offer their unused storage space and, in return, earn the platform's native utility token, STORJ. This innovative model aims to revolutionize the cloud storage sector by making it more secure, transparent, and resilient to potential breaches or failures.

You can buy STORJ via Paybis.

Who invented STORJ

Storj was conceptualized and developed by Shawn Wilkinson and John Quinn. Their combined vision was to disrupt the traditional cloud storage sector using decentralized technology, giving birth to Storj.

How Storj works

Storj operates on a novel decentralized storage framework, vastly different from traditional cloud storage models.

When a user uploads a file to Storj, the platform employs client-side encryption, ensuring the data is secure before it leaves the user's device. This encrypted file is then fragmented into smaller pieces called "shards". Instead of storing the entire file in one location, these shards are distributed across various nodes on the network. This distribution method not only diversifies the storage locations, enhancing data resiliency and redundancy, but it also ensures that no single node has the complete data, adding an extra layer of security.

To retrieve the data, the user's device simply recalls these shards, decrypting and reassembling them to recreate the original file. All interactions within the Storj ecosystem, including payment for storage space and bandwidth, are conducted using the platform's native token, STORJ.

FAQ

What is the price of one Storj?

For the most current value, please refer to the live chart above. The price of Storj frequently changes based on various factors. Get the latest price of STORJ via the Paybis price tracker.

Who has most Storj?

Exact ownership distribution is hard to pinpoint due to blockchain's decentralized and pseudonymous nature.

How much Storj is left?

Over 386 million STORJ is already in circulation and the total supply is almost 425 million STORJ. Check the Paybis STORJ price chart for more information.

How many people own 1 Storj?

This specific number is difficult to determine. The distribution of Storj ownership varies among users. You can use blockchain explorers and analytical tools to see how many wallets own at least 1 STORJ, but a single person can own multiple wallets.