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Highlights
- Stratos is a blockchain application, which provides scalable and decentralised storage along with a decentralised computing service.
- Stratos offers a trustless, traceability, verifiability facility, which allows users to take full advantage of the protocol.
- According to CoinMarketCap, the STOS was trading at the US $1.70 with a 24-hour trading volume of US $1,502,705.
Stratos is the next generation of decentralised Data Mesh, which offers scalable and decentralised storage along with a decentralised computing service. The word has been derived from “stratosphere”, which is a layer around the earth.
From a cryptocurrency perspective, Stratos is a blockchain application that was created to scale blockchain process capacity, which will hold decentralised benefits like traceability, verifiability, privacy, and others.
Should you invest in Stratos (STOS) crypto?
The Stratos makes it easy for users to take full advantage of the protocol along with its decentralised benefits. In addition to its decentralised data adoption, it helps the blockchain industry and Web 3.0.
Also read: Top 5 Things to Know About Crypto Pump and Dump Scams
Why is Stratos unique?
The Stratos crypto is unique as it is useful for the blockchain industry and works well for centralised industries as well. Its decentralised storage can upload or download data efficiently and it allows the users to directly play audio or video across the network without downloading it. So, in a way, it enables Stratos to work like a Decentralised YouTube.
Besides, its optimised NFT gives the users a trading platform to help them in trading. It also transforms the NFT platform from a luxury auction platform to a digital trading marketplace. NFTs, such as games, art, music, can be easily traded once they are digitised. The platform is closer to the user and gives them a more personalised experience during operation.
Also read: Is NFT & Fashion, a match made in heaven?
Should you invest?
Its native token STOS governs Stratos and is ranked 2598 on CoinMarketCap. According to CoinMarketCap, the STOS was trading at the US $1.70 with a 24-hour trading volume of US $1,502,705. At the time of writing (BST 10:30 am), STOS was up by 12.53% in the last 24 hours, and this is due to the big volume push in the token. STOS token’s volume saw a magnificent growth of 31.93% in the last 24 hours. STOS currently has a fully diluted market cap of US $179,687,651 with a maximum supply of 100,000,000 STOS coins.
STOS represents a mixed path when it comes to investments. While the last quarter was favourable for STOS, it hasn’t had much luck prior to that. Ideally, market participants prefer a watch and invest attitude indicating that the investors generally choose to make most of the short-term gains rather than holding onto the coin for the long term.
For the trust factor to set in, the rally needs to continue for the investors to showcase their confidence in it before taking investment decisions.
