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Market

Market stats

Market cap

-

Volume (24h)

$92,287.70

Circulating supply

-

All time high

$4.69

Price change (1h)

-0.2%

Price change (24h)

-1.39%

Price change (7d)

+0.08%

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StorX Network is on the rise this week.

The price of StorX Network has risen by 0.08% in the past 7 days. The price declined by 1.39% in the last 24 hours. In just the past hour, the price shrunk by 0.20%. The current price is $0.0160 per SRX. StorX Network is 99.66% below the all time high of $4.69.

The current circulating supply is 0 SRX.

Ratings

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About

What Is StorX Network (SRX)?

SRX is a vital XRC-20 utility token that makes StorX a powerful data storage Marketplace. StorX aims to help individuals safely encrypt, fragment, and later distribute necessary data across numerous hosting nodes dispersed worldwide. The token offers a democratic marketplace for substituting the centralized mediators with a decentralized blockchain network and hosting data. Users get complete control and access over the data sets without requiring any centralized arbitrator.

StorX's vast ecosystem integrates technology and business abilities through strong market authorities and innovators. The token's activity is 100 percent open source without any core or proprietary elongations. StorX can provide new, enhanced features due to the continuous support obtained from the community because StorX's community members authorize the platform.

According to its whitepaper, StorX aims to become an industry-leading and decentralized cloud storage platform. The token's technology combines the comfort and ease-of-usage of business-grade storage resolutions such as Google Drive with loyal open-source technology.

The token seeks to democratize the need for cloud service providers and offers an option for individuals to look at renting storage from different farmers rather than a centralized service provider. Both renters and hosts utilize SRX, a cryptocurrency created on XRC-20 that drives the StorX Data Storage Marketplace. Micropayments happen between renters and hosts using payment channels, similar to Bitcoin's Lightning Network. The payments happen off-chain, strongly improving scalability and network efficiency.

On the StorX platform, the token acts as a payment cryptocurrency. The individuals hosting data need to pay in SRX, and the farmer hosting node also obtains payments in SRX. StorX users stake SRX tokens to confirm the StorX network and, in exchange, gain rewards. Rewards include inflationary awards and a portion of the network spend individuals pay.

Storage Node Operators available on a decentralized network are hosted by users, significantly lessening the acquisitions. There are no extra costs required for a storage node operator regarding capital or personnel. StorX aims to provide an extra earning chance to Network Attached Storage (NAS) operators or small businesses, who have sufficient excess electricity to handle ten hard drives but not more. The idea is to offer significant opportunities and benefits for less-costly and faster storage.

History of StorX Network (SRX)

Handy Barot is the co-founder of the token. The total supply for StorX Network is five hundred million.

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Reading List

News

The Defiant • Jun 05, 23

Curve’s Stablecoin to Support Lido’s stETH

Move allows crvUSD to scale by increasing debt ceiling by 15x.

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BeInCrypto • Jun 05, 23

Ethereum Transaction Fees Drop: Network Cools After a Busy Month

Ethereum's gas fees dropped 60% in dollar terms after the frenzy surrounding ERC-20 meme coins PEPE, TROLL, APED and BOBO died down. Ethereum's gas fees dropped 60% in dollar terms after the frenzy surrounding ERC-20 meme coins PEPE, TROLL, APED and BOBO died down.

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CoinDesk • Jun 05, 23

The Lightning Network Doesn’t Fix Everything Wrong With Bitcoin

And that’s okay.

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Decrypt • Jun 05, 23

Bitcoin and Ethereum Have a Meh Monday While Gaming Tokens Score Gains

Most of the crypto market is having a meh Monday—except for a handful of gaming and metaverse tokens.

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BeInCrypto • Jun 05, 23

Ethereum (ETH) Price Defends $1,800 Mark as Exchange Supplies Hit Multi-Year Lows

ETH Exchange Balance has hit a 5-year low. Can Ethereum price finally flip the critical $2,000 milestone for the first time since April? ETH Exchange Balance has hit a 5-year low. Can Ethereum price finally flip the critical $2,000 milestone for the first time since April?

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CoinDesk • Jun 05, 23

First Mover Americas: Is Bitcoin Heading Below $26K?

The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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CoinDesk • Jun 05, 23

Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan

The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.

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FAQ

What is the current price of StorX Network?

We update our StorX Network to USD currency in real-time. Get the live price of StorX Network on Coinbase.

What is the market cap of StorX Network?

The current market cap of StorX Network is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of StorX Network?

The all-time high of StorX Network is $4.69. This all-time high is highest price paid for StorX Network since it was launched.

What is the 24 hour trading volume of StorX Network?

Over the last 24 hours, the trading volume of StorX Network is $92.29K.

What other assets are similar to StorX Network?

Assets that have a similar market cap to StorX Network include SaitamaX, ENNO Cash, X Protocol, and many others. To see a full list, see our comparable market cap assets.

How many StorX Network are there?

The current circulating supply of StorX Network is 0.

Can I buy StorX Network on Coinbase?

No, StorX Network is not currently available on Coinbase, but you can sign up to get the latest news on StorX Network and be notified when it gets added to our exchange.