The rally sparked by the spot Bitcoin ETF applications of giant companies provided good rises in BTC and altcoins.
In this context, while BTC passed $31,000 again, the largest altcoin Ethereum (ETH) approached $2,000.
There were also some altcoins that separated from the market positively and experienced great rises. One of these altcoins was STORJ.
Chinese journalist Wu said that Blockchain STORJ has experienced an increase of more than 50 percent in the last 24 hours.
According to data from Coinmarketcap, STORJ, which has increased by more than 50% in the last 24 hours, is trading at $ 0.5295 at the time of writing.
While drawing attention with the rise of STORJ, which is at the 132nd place by market value, Wu Blockchain said that behind the rise is the STORJ/KRW transaction volume in Upbit, South Korea's largest stock exchange.
Accordingly, STORJ/KRW contributed to the rise of STORJ, contributing 57.8% of all spot trading volume of approximately $251 million.
The storage token STORJ has risen by more than 37% in the past 24 hours. Upbit STORJ/KRW, South Korea's largest exchange, contributed 57.8% of the entire spot trading volume of about $251m. At present, the annualized negative fee rate of STORJ U-standard contracts in Binance and…
— Wu Blockchain (@WuBlockchain) July 5, 2023
*Not investment advice.
