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Are Decentralized Storage Tokens About to Skyrocket? STORJ and Arweave Price Has Clues

Are Decentralized Storage Tokens About to Skyrocket? STORJ and Arweave Price Has Clues

99bitcoins99bitcoins2024/10/29 17:33
coin_news.by:Isaiah MccallSam Cooling

Decentralized storage crypto is heating up as STORJ price and Arweave price look set to flip bullish in coming days; here’s why.

In the shifting tides from a bearish to a full-blown bull market , Storj (STORJ) crypto emerges as the decentralized data upstart to watch. With a market valuation hitting $69 million and almost total token circulation, Storj outstrips many in real-world functionality.

Tired of price hikes yet???😅 @storj redefines S3-compatible cloud storage with unmatched performance, durability and security for up to 90% less than AWS.⭐

Start your trial today🎉: https://t.co/GLiOL1LTbR #cloudstorage #performance #duarbility #security pic.twitter.com/XpAg3T8e6k

— Storj (@storj) October 29, 2024

What sets Storj and Arweave apart is their unique niche in data storage. They offer a decentralized cloud solution that balances privacy and sustainability.

Here’s why Storj and Arweave might go on a tear soon and become Filecoin 2.0.

STORJ Price Recent Performance and Future Growth Trajectories

As Solana, Sui, and meme coins continue to steal the limelight, Storj Price Trading volume in 24h Last 7d price movement has quietly rocketed +13% over the past month, defying the market’s downturn.

Storj turns data storage into a decentralized playground, much like torrenting. It offers near-impossible hacking chances and blazing download speeds. Expect its Weissman scores to soar.

( TechCrunch )

Storj is also promoting eco-consciousness and user-centric innovation. By revitalizing existing infrastructure, it reduces carbon footprints while delivering rock-solid, easy-to-reach data storage.

Moreover, Stroj is adding key upgrades to its project this year, such as its acquisition of GPU provider Valdi, underscoring its commitment to expanding visibility and driving innovation in the data storage sector. Riding the crest of the sudden market reversal and real-world use, Storj’s price is poised for a breakout, and its short-term targets are bullish.

As the market starts to recover, Storj is the altcoin that deserves your full attention.

Areweave Has Smashed Back Above The $1Bn Market Cap

Areweave Price Trading volume in 24h Last 7d price movement ($AR), one of Storj’s main competitors, is also breaking out from its $16.81 price point ($1 billion mcap). Currently, Areweave is showing a falling wedge pattern, which is generally considered bullish. This means that if AR can break above resistance at $17.30, it will confirm new all-time highs.

( ARUSDT )

Trading tight to the $16 support, Arweave eyes a resistant peak at $17.30, caught in a narrow corridor. The price clings to the Bollinger Band’s top edge, hinting at a possible rise. With bands tight as a drum, volatility remains low.

As it stands, the bands are snug, indicating a sleepy market, but if they start to spread, the calm might give way to a storm of volatility, signaling a potential breakout or breakdown.

READ MORE:  16 Best Crypto ICOs in 2024 for 50x Returns

MemeBet Token: Can it Outperform Decentralized Storage?

( Memebet )

Microcap meme coins are making waves, with  Memebet Token at the forefront . Thanks to significant whale investments, it has surged past the $500k presale and drawn in over 1,500 buyers.

Memebet Casino , the first meme coin-powered crypto casino, is partnering with Argentina’s National Football Team. It leverages Telegram’s platform and offers P2E airdrops to attract savvy investors eyeing big returns.

POV: Your mate wants to grab some food but you're just about to win big

Join the presale 👇 https://t.co/cY4p8PqXzg pic.twitter.com/o3hinVrmwF

— MemeBet (@Memebetcasino) October 28, 2024

Memebet Casino is built on Ethereum, which is the leading layer-1 network. It takes advantage of its simplicity, robust security, and global use. The platform is integrated with Telegram, so users can be assured of a smooth gaming experience.

This also means that the platform will not implement any KYC measures for users.

The meme coin market will reach over $60 billion in 2024, and rising volumes in crypto casinos like Rollbit highlight the sector’s potential.

Get in On Memebet Token Today

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