Why is StrikeX (STRX) token rallying today?

March 26, 2022 02:31 AM AEDT | By Manu Shankar
 Why is StrikeX (STRX) token rallying today?
Image source: © Elnur | Megapixl

Highlights

  • The StrikeX protocol primarily aims to empower the users to invest in the token without any restrictions.
  • The STRX token has seen a rally of over 12.7% in the past 30 days, and even today, it has been registering gains of around 3%.
  • StrikeX token is ranked 960 on CoinMarketCap, and it was trading at US$0.075430 with a 24-hour trading volume of US$75,044.16. 

In October 2021, StrikeX (STRX) had become the first cryptocurrency in the world to be launched into space. The move was seen as an indication or a message sent by the protocol as the next generation of blockchain service, which operates as a frictionless technology that promises to be a suitable and high-yielding investment option to its holders. 

And if the results in the past 30 days were to be believed, then it seems that it is on a bull run. The STRX token has seen a rally of over 12.7% in the past 30 days, and even today, it has been registering gains of around 3%. 

Developed by the UK Registered Company StrikeX Technologies Ltd., StrikeX offers 24X7 trading facilities in crypto, real estate, NFTs, etc., on a single platform. The StrikeX protocol primarily aims to empower the users to invest in the token without any restrictions. 

Why is StrikeX token rallying? 

The exact reason for the StrikeX’s rally is not yet clear, but the project has witnessed significant developments of late. The StrikeX has seen many listings with MultiVac, BRY ECTO, etc., now is available on its DeFi Wallets. StrikeX’s superior speed and secure network allows highly scalable transactions despite unprecedented demands.

As an innovative and passionate protocol, it aims to bring the power of blockchain to the people. One of the unique features of the StrikeX crypto is that it offers a 1.5% auto-liquidity top-up tax on every sale. This helps them build a StrikeX liquidity pool, thereby offering better price stability.  

How is StrikeX faring?

StrikeX token is ranked 960 on CoinMarketCap, and it was trading at US$0.075430 with a 24-hour trading volume of US$75,044.16. At the time of writing, the STRX token was up by 3.09% in the last 24 hours. The STRX token is available on leading crypto exchanges, such as BitMart, PancakeSwap (V2), and ProBit Global.  

While the rally has been impressive, one needs to keep in mind that cryptos are volatile assets, and their prices can change at any given point in time. Therefore, one must not jump to conclusions without understanding the nature of the market. It would be advisable that one studies the market before entering into it as an investor.  

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