Storj (STORJ) is currently valued at $0.4916.
Current STORJ Valuation and Key Metrics
The price of Storj, a decentralized cloud storage cryptocurrency, fluctuates based on market dynamics. As of the latest data, its current value is $0.4916. This valuation is part of a broader market picture that includes its trading volume, supply, and overall market capitalization.
Here's a snapshot of Storj's key market metrics:
| Metric | Value |
|---|---|
| Current Price | $0.4916 |
| 24-Hour Trading Volume | $18,220,939 |
| Circulating Supply | 140 Million STORJ |
| Market Capitalization | $70,680,703 |
Recent Price Performance
Understanding Storj's recent price movements provides context to its current valuation:
- 24-Hour Change: Storj has experienced a 7.78% price increase in the last 24 hours. This positive short-term movement indicates recent buying interest or market activity.
- 7-Day Change: Over the past week, Storj has seen a 13.94% price decline. This suggests a downward trend in the mid-term, despite the recent 24-hour gain.
These fluctuations are common in the cryptocurrency market and are influenced by various factors such as overall market sentiment, project developments, trading activity, and broader economic trends.
Understanding Storj's Market Presence
Storj's market capitalization, which is currently $70,680,703, represents the total value of all Storj coins in circulation. This is calculated by multiplying the current price by the circulating supply of 140 million STORJ tokens. The 24-hour trading volume of $18,220,939 indicates the amount of STORJ traded across exchanges within the last day, reflecting its liquidity and investor activity.
