Stratis (STRAX) Achieves Market Cap of $21.46 Million

Stratis (STRAX) traded up 0.5% against the US dollar during the 24-hour period ending at 9:00 AM Eastern on June 29th. One Stratis coin can now be purchased for $0.0101 or 0.00000017 BTC on popular exchanges. In the last seven days, Stratis has traded down 8.3% against the US dollar. Stratis has a total market capitalization of $21.46 million and $1.20 million worth of Stratis was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Ethereum (ETH) traded up 0.4% against the dollar and now trades at $1,580.76 or 0.02630569 BTC.
• Cardano (ADA) traded 0.8% higher against the dollar and now trades at $0.15 or 0.00000242 BTC.
• Cronos (CRO) traded down 0.4% against the dollar and now trades at $0.0540 or 0.00000090 BTC.
• Hedera (HBAR) traded up 0.2% against the dollar and now trades at $0.0713 or 0.00000119 BTC.
• Avalanche (AVAX) traded up 4.5% against the dollar and now trades at $6.58 or 0.00010946 BTC.
• NEAR Protocol (NEAR) traded up 0% against the dollar and now trades at $1.85 or 0.00003083 BTC.
• Uniswap (UNI) traded up 1.7% against the dollar and now trades at $2.97 or 0.00004936 BTC.
• Internet Computer (ICP) traded up 1.8% against the dollar and now trades at $2.18 or 0.00003626 BTC.
• Cosmos (ATOM) traded 0.5% lower against the dollar and now trades at $1.56 or 0.00002601 BTC.
• Algorand (ALGO) traded up 1.4% against the dollar and now trades at $0.0873 or 0.00000145 BTC.

Stratis Coin Profile

Stratis (CRYPTO:STRAX) is a proof-of-stake (PoS) coin that uses the X13 hashing algorithm. It launched on August 9th, 2016. Stratis’ total supply is 130,635,514 coins. The Reddit community for Stratis is https://reddit.com/r/stratisplatform and the currency’s Github account can be viewed here. Stratis’ official Twitter account is @stratisplatform and its Facebook page is accessible here. Stratis’ official message board is www.stratisplatform.com/news. The official website for Stratis is stratisplatform.com.

According to CryptoCompare, “Stratis is the native value currency in the Stratis Platform, it fuels the creation of private and public custom blockchains for corporate use. The Stratis Platform offers a one-click deployment system for custom blockchain deployment. These blockchains can be customized to suit the companies’ needs, and can even be deployed to mimic the features of popular blockchains like Ethereum or Lisk, which can be tested individually or in parallel. The Stratis team will also function as a London Based consultancy agency that will help businesses to deploy the blockchain that best suits them. On the 12th of November, 2020, Stratis lauched a new blockchain and finalized their token swap. The new Mainnet enables flexibility and allows development in a more agile manner, while providing a platform for the development and deployment of DeFi based Smart Contracts. In the official STRAX Blockchain launch announcement, Stratis lists the following enhancements to the platform: Block Reward Increase and Cirrus Sidechain Incentivization, Block Time Reduction, Cold-Staking Activation, Cross-Chain-Transfer Time Reduction, Improvement to Blockchain data stores, Increase of OPRETURN Capacity, Masternode Dynamic Membership, Masternode Collateral Increase, Removal of Legacy Node Support, Segregated Witness Activation. STRAX distribution was performed by an automated script executed on the 12th of November 2020 crediting those who had participated in the initial Token Swap period. Token Swap requests after the initial Token Swap period (15th October 2020 until 9 AM GMT on 12th November 2020) will be subject to an additional defined manual process to prove ownership of funds instead process defined above. Discord, Facebook, YouTube, Github, Reddit”

Buying and Selling Stratis

It is usually not possible to buy alternative cryptocurrencies such as Stratis directly using US dollars. Investors seeking to trade Stratis should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Stratis using one of the exchanges listed above.

STRAX/USD price chart by TradingView