$STORJ
STORJ is up 15.21%, but looking only at the green number would miss the real story. Price reached $0.04704 with approximately 23.53M USDT in perpetual turnover.
Storj Labs recently entered Chapter 11 restructuring while stating that network operations continue. An unusual proposal could also give token holders ownership exposure to the reorganized company. That makes STORJ less of a conventional momentum trade and more of an event-driven restructuring story.
STORJ is up 15.21%, but looking only at the green number would miss the real story. Price reached $0.04704 with approximately 23.53M USDT in perpetual turnover.
Storj Labs recently entered Chapter 11 restructuring while stating that network operations continue. An unusual proposal could also give token holders ownership exposure to the reorganized company. That makes STORJ less of a conventional momentum trade and more of an event-driven restructuring story.