project: News of Storj (STORJ) - July 2024 Price Update - 7.82% Breakout Crypto News and Analysis

Professional Author and Crypto Trader

Explore the Core.

Storj Is a Web3 project that claims to be the smarter way to store data in the Cloud. It is an open-source cloud storage platform that basically uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption. They are also environmentally friendly as using them ensures reduction of your Carbon footprint.

Spot the Main Event:

The main reason for the current increase in the price of the Token is the announcement they made, assuring their users they were not affected by the Crowdstrike outage. This would make more people bullish about the project as They'd believe it's a project one can rely on

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.