Stratis Hits Market Cap of $21.46 Million (STRAX)

Stratis (STRAX) traded 0.9% higher against the U.S. dollar during the 1 day period ending at 10:00 AM E.T. on May 24th. One Stratis coin can currently be purchased for about $0.0123 or 0.00000016 BTC on cryptocurrency exchanges. Stratis has a total market capitalization of $21.46 million and $711.64 thousand worth of Stratis was traded on exchanges in the last day. Over the last week, Stratis has traded 3.4% lower against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Ethereum (ETH) traded 3.3% higher against the dollar and now trades at $2,108.20 or 0.02750279 BTC.
• Cardano (ADA) traded 1.4% higher against the dollar and now trades at $0.24 or 0.00000318 BTC.
• Cronos (CRO) traded up 0.4% against the dollar and now trades at $0.0692 or 0.00000090 BTC.
• Avalanche (AVAX) traded up 2.9% against the dollar and now trades at $9.26 or 0.00012076 BTC.
• Hedera (HBAR) traded up 2.2% against the dollar and now trades at $0.0887 or 0.00000116 BTC.
• NEAR Protocol (NEAR) traded up 13.9% against the dollar and now trades at $2.40 or 0.00003134 BTC.
• Uniswap (UNI) traded up 1.5% against the dollar and now trades at $3.41 or 0.00004447 BTC.
• Internet Computer (ICP) traded up 2.2% against the dollar and now trades at $2.56 or 0.00003344 BTC.
• Cosmos (ATOM) traded up 1% against the dollar and now trades at $2.07 or 0.00002702 BTC.
• Algorand (ALGO) traded up 0.7% against the dollar and now trades at $0.11 or 0.00000146 BTC.

About Stratis

Stratis (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 message board is www.stratisplatform.com/news. Stratis’ official website is stratisplatform.com. Stratis’ official Twitter account is @stratisplatform and its Facebook page is accessible here.

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 U.S. dollars. Investors seeking to trade Stratis should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Stratis using one of the aforementioned exchanges.

STRAX/USD price chart by TradingView