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 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.
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.
As the market starts to recover, Storj is the altcoin that deserves your full attention.
Areweave Has Smashed Back Above The $1Bn Market Cap
Areweave ($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.
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?
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.
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