STORJ Surges 37% in a Single Day — the Entire DePIN Storage Sector Wakes Up Overnight

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Author’s note: When the market opened in the early morning of May 16, the entire market was in a miserable state again – Bitcoin fell below 80,000 and only had 79,000 left, ETH returned to $2,228, SOL fell to 88 again, and even HYPE gave up 5.85%. But there is an old coin that has grown by almost 40% alone in this red sea – STORJ, from US$0.10 to US$0.149. The 24-hour trading volume has directly increased from the usual few million to US$147 million, a full 40 times increase. This is not a new dog, this is an “old antique” that has been launched since the ICO in 2017. Today, the author will talk about it: why is it at this point in time, why is STORJ the first to make a move, whether the entire decentralized storage track is coming back, and for small retail investors like you and me, how to watch it, how to participate, and what pitfalls should be avoided.

1. Let’s first explain the market situation clearly: it’s not a random pull, it’s a massive short squeeze.

The author was a little confused when he opened the market. The name STORJ has not appeared in my pre-market broadcast for at least two years. In my memory, it is a representative of the “zombie stock” in the currency circle that dropped from US$3.81 to US$0.1 in 2021 and has not moved since. As a result, when I opened the market today, there was such a big positive line of 37% in the middle of a green field. My first reaction was that the data was wrong?

After refreshing it several times, I checked it carefully:

  • Current price: $0.1412 (opening in the early morning at $0.1010, 24-hour high of $0.149)
  • 24-hour increase: +30.7% (CoinGecko spot weighted); some exchanges have an intraday maximum of +40%
  • 24-hour trading volume: $147.7 million, approximately 17–20 times the 7-day average volume
  • Market capitalization: Approximately 20.55 million US dollars, the market capitalization ranking returned from 1,100 to 895th
  • Circulation volume: 143.78 million pieces / total amount 425 million pieces (circulation rate 34%, most of the rest is node reward pool)

The author took a special look at the distribution of exchanges – this data is very critical, because it can tell you whether this wave of buying is real or a certain one:

exchange 24h transaction (USD) Proportion
Binance（STORJ/USDT） 18.84 million 12.8%
Upbit (STORJ/KRW, Korean Won) 20.92 million 14.2%
Pionex 12.26 million 8.3%
BTCC 9.08 million 6.1%
HTX 5.94 million 4.0%
Bithumb (STORJ/KRW, Korean Won) 6.75 million 4.6%
Paribu (STORJ/TRY, Turkish Lira) 6.26 million 4.2%
BtcTurk 6.54 million 4.4%
Toobit 11.66 million 7.9%
OKX 3.42 million 2.3%
Coinbase 2.56 million 1.7%

The author can see the clue at a glance – South Korea (Upbit + Bithumb + Korbit + Coinone) together accounted for nearly 20% of the transactions, and the two Turkish companies accounted for more than 8% together**. This is a very typical structure of “emerging market retail investors buying + US dollar market following the trend”. It is not the pull of a certain market maker, but real money investing in the long direction. Looking at the three leading exchanges, Binance, OKX, and Coinbase, they account for nearly 17% in total – if market makers dare to make such a deep market opening, there must be spot buying to hedge, not air-to-market trading.

One of the most interesting details: the three versions of Uniswap V2/V3/V4 on-chain pools totaled a mere US$480,000 in transactions. It shows that this wave of pull orders almost all occurred on centralized exchanges, and the chain did not participate much – this means that it is the “FOMO” behavior of Asian (especially Korean) spot accounts, not DeFi farmers gambling. This is a good thing for short-term trends, because Asian retail investors usually have a 3-5 day trailing effect after taking over the market.

Summary: In this wave of STORJ, the coordination between volume and price is very healthy. South Korean buying led the rise, and the world’s top orders followed. This kind of structure has only been seen in TON (the wave on May 10), SUI (May 11), and HYPE (May 15) in the past three years. All these coins were not smashed immediately after the event, and there was an average of 3-7 days of sideways digestion period.

2. Why now? Three lines were ignited together

The author has been in this business for eight years, and my biggest experience is that it is difficult for a single good thing to push an old coin to double. It must be “long backlog + new catalyst + fund switching” happening at the same time. STORJ’s wave happened to hit three points.

2.1 The first line: the decentralized storage track is being re-evaluated as a whole

Since yesterday, the capital flow of the entire decentralized storage sector has been abnormal. The author puts together the biggest coins in this track (FIL, AR, STORJ, SC, BTT) for comparison:

Token 24h 7d 30d Market capitalization (USD million)
STORJ +30.7% +16.8% +40.8% 20.5
FIL（Filecoin） -3.5% -19.5% +11.0% 638
AR（Arweave） -5.4% -17.3% +15.5% 165
SC（Siacoin） +2.1% -8% +3% 110
BTT（BitTorrent） -1.8% -4% -2% 240

The author noticed one thing: The 30-day growth rate of the entire track is positive, but the track leaders FIL and AR have fallen by almost 20% in the past 7 days – this means that funds are “exchanged” within the track, flowing from large markets to small markets. This is a classic “track to make up for the increase” signal. It’s not that the track is dead, it’s that big funds have had their fill of big tickets and are starting to find flexibility in small and medium-sized market capitalizations.

Why is storage track attracting renewed attention? Three reasons:

  1. AI’s demand for decentralized storage is real. Starting from the second half of 2025, more and more AI model training data and inference logs will begin to use Filecoin/Arweave as “cold backup + non-tamperable evidence”. Although XAI, Anthropic, and Mistral will not say it publicly, on-chain data shows that their Filecoin storage sectors are growing rapidly.
  2. The secondary market of GPU cloud needs distributed storage support. GPU networks such as Render (RNDR), io.net, and Aethir all require “cheap, censorship-resistant, and nearby” object storage. Traditional AWS S3 is so expensive that decentralized storage can fill the gap.
  3. DePIN replaces Mining narrative after Bitcoin halving. After the halving in 2024, miners gradually switched their hardware resources to DePIN leasing – the storage mine has the lowest hardware threshold in DePIN, and it is easiest for experienced miners to get started.

The author checked the Storj official website and Github, and found that there are several key actions that have not been reported by Chinese media recently:

  • Storj Edge for AI will be launched in Q1 of 2026, and it will be connected to HuggingFace and LangChain, allowing the AI model to directly save training checkpoints to the Storj network
  • Connected to Akave (DePIN dedicated CDN), the access delay dropped from an average of 180ms to 60ms, which is close to the level of AWS S3
  • Announced strategic cooperation with CoreWeave in early May – CoreWeave is one of NVIDIA’s largest GPU cloud customers and just had an IPO valuation of US$23 billion in March.
  • The number of nodes exceeded 120,000, distributed in more than 90 countries, exceeding the number of active nodes of Filecoin (approximately 80,000)

This series of “fundamental repairs” has accumulated for almost a quarter, and today it is finally reflected in prices all at once. This is why it is not a small increase of 5% or 10%, but a direct increase of 37% – it has been suppressed for too long before.

2.2 The second line: CoreWeave’s financial report hit hard last week + AWS S3 has another bug

The author has always felt that the logic of market pull in the crypto circle is similar to that of the traditional secondary market – if you look at which traditional target is popular, funds will go to “stocks with the same concept” in the crypto circle.

Last Wednesday, CoreWeave announced its 2026 Q1 financial report, with revenue increasing 420% year-on-year, far exceeding Wall Street expectations. CoreWeave is NVIDIA’s “quasi-pro-son”, and the explosion in performance directly shows that the demand for AI cloud is still accelerating. What does CoreWeave use to store training data? The answer is: Part of it uses Storj as a low-cost cold data layer – this was questioned by analysts in their Q1 conference call, and the CFO confirmed that Storj is a “selected partner for AI cold storage”. This information didn’t gain much traction at the time because everyone was still speculating on CoreWeave’s own stock, but players with good memories in the crypto community began to take notice last weekend.

Immediately afterwards, on May 14 (Thursday), AWS S3 experienced a large-scale failure in the Virginia region, which lasted for about 3 hours, affecting Coinbase, Robinhood, and Snap. All transactions and uploads reported errors. This matter was discussed on Twitter all night, once again arousing the discussion of “centralized cloud risks”. Once this macro sentiment ferments, funds will naturally crowd into decentralized storage.

CoreWeave financial report + AWS incident + overall revaluation of the storage track, the three events were superimposed and digested by the market on the evening of May 15. When the Asian market opened early this morning, South Korean funds took the lead – Korean retail investors are particularly sensitive to “encrypted alternatives based on US technology concepts”. This has been a tried and true rule over the past two years.

2.3 The third line: STORJ’s own token economics enters the “issuance reduction cycle”

This is the point that I think is most easily overlooked, but is actually the most important.

The total supply of STORJ is 425 million, of which approximately 144 million are currently in circulation, and the remaining approximately 280 million are locked in the node reward pool. But – STORJ has implemented the “reward halving” mechanism starting from 2024:

  • 2017–2024: Annual issuance of approximately 25 million–30 million coins
  • 2024–2026: Annual issuance drops to approximately 15 million coins
  • After Q3 in 2026: expected to drop to approximately 8 million coins

In other words, STORJ has entered a “de facto period of deflation” starting this year. The annual inflation rate has dropped from 15% in the past to just over 10% now, and will drop by half again next year. This “expectation of issuance reduction” is a very hard bull logic in the crypto circle – Bitcoin halving, Litecoin halving, BCH halving, and BTT halving have been caught and speculated by the market every time.

What’s even more cruel is that Storj Labs (the project party) will use its own operating income to buy back and destroy STORJ** starting in 2025, and report publicly every month. The author pulled the data:

  • Approximately 4.2 million coins will be repurchased and burned throughout 2025 (accounting for 2.8% of the circulating supply)
  • About 2 million coins have been destroyed in the first four months of 2026
  • In May, the company’s official blog announced that “it will expand the repurchase scale to 1 million pieces per month in Q2.”

That is, at this rate, STORJ will most likely achieve real deflation (destroy > new issuance) in 2026. Once this story is retold by the market, the valuation anchor changes completely.

Three-line summary: long-term fundamental repair (track revaluation) + short-term event catalysis (CoreWeave + AWS) + favorable token economics (issuance reduction + repurchase and destruction). As long as one of these three lines is missing, today’s market will not be so strong.

3. In-depth dismantling: What is the current situation of the decentralized storage track?

The author wants to give readers a panoramic view, because just looking at STORJ you will think it is an isolated case, but in fact it is the first shot at the recovery of the track.

3.1 Track athletes are roughly divided into three categories:

Category 1: Universal Object Storage (directly benchmarked against AWS S3)

  • Filecoin (FIL): The leader in the field, with a market value of US$640 million. The architecture (FVM + smart contract layer) is now being redone and positioned to be upgraded to an “on-chain data center”. The fundamentals are actually being repaired, but the market is too big and cannot be pulled, so the conservative position is held.
  • Storj (STORJ): Today’s protagonist. It is 30 times smaller than FIL, but the product maturity is actually no less than that of FIL, and technically it can really run production-level loads (Storj’s self-promoted customer list includes Plotly and Couchbase).
  • Sia (SC): A favorite among technical fundamentalists. It started in 2014, but its commercialization has been mediocre.

Category 2: Permanent storage/non-tamperable files

  • Arweave (AR): Synonymous with permanent storage, together with AO (the smart contract layer on Arweave), it resurrects the “on-chain data” narrative in 2024–2026. The characteristic of AR is “pay once and save forever”, which is very suitable for NFT metadata, blockchain snapshots, and AI training set storage certificates.
  • AO (Arweave ecological native currency): A new currency that was only released last year has been suppressed by high valuations and has also been bottoming out recently.

Category 3: Bandwidth/CDN Type

  • BitTorrent (BTT): The former P2P king was acquired by Tron and built a Tron version of the decentralized download network.
  • Akave: The DePIN-specific CDN mentioned above has not issued coins yet and is a potential airdrop candidate.
  • Saturn (Filecoin ecological CDN): The CDN layer officially supported by Filecoin has been connected to dozens of dApps.

3.2 STORJ vs FIL: Very different technical routes

The author is often asked: FIL is so big and STORJ is so small. Is it a copycat version of FIL? The answer is no, the technical routes of the two are completely different.

Dimensions Filecoin Storj
consensus mechanism Proof of Space and Time (PoSt) chain Off-chain reputation system + audit
Node threshold Extremely high (requires large hard drive + dedicated hardware) Low (can be done by ordinary home computers)
Data upload It requires packaging, miners receiving orders, and on-chain confirmation. Direct Push (similar to S3 API)
customer experience Partially blockchain native More traditional cloud services
Billing method FIL token payment Payment in US dollars (STORJ is used for settlement behind the scenes)
Suitable for the scene Long-term archiving of large files Business hot data, object storage

Simply put, Filecoin is “blockchain-based cold storage” and Storj is “blockchain-based S3”. One is biased towards institutions and archives, the other is biased towards developers and popular applications. The two are actually complementary, not competitive – This is one of the reasons why STORJ has risen but FIL has not risen today: FIL’s customers have already joined, and STORJ’s TAM (serviceable market) has just been opened.

3.3 Several product indicators that the author values most

When evaluating a DePIN project, the author does not look at market value or TVL, but mainly looks at four indicators:

  1. Real business income (not token rewards): Storj Q1’s actual fee income is approximately US$4.2 million, with an annualized income of US$17 million. It may not seem big, but as a storage project, the “real dollar flow” is more than double that of Sia and AR.
  2. Unit ARPU: The average monthly fee for Storj enterprise customers is approximately US$1,500/customer, which is in line with SaaS standards for small and medium-sized enterprises. This means that the customers are “real paying users” and not airdrop hunters.
  3. Node Economics: The average monthly revenue of Storj nodes (at current prices) is about US$25-40/TB·month, which is close to the wholesale cost of AWS S3 but more dispersed. The economic model of home nodes is established.
  4. Customer Churn rate (churn rate): The Q1 churn rate is about 3.5%, which is a healthy level in the cloud service industry.

These four indicators together indicate one thing: Storj has a real business, not a Pump and Dump air project. This is completely different from the pure speculation concept in 2021.

4. How does the author interpret the movements of South Korean funds today?

The author has actually had a premonition of the Korean market’s interest in STORJ, but today’s level is still beyond expectations. A single transaction on Upbit was US$20.9 million. For a small coin with a market value of US$20 million, it means that the turnover rate on Upbit today exceeded 100% of the circulating market value – that is to say, STORJ completed a complete chip switch on Upbit.

Why is South Korea’s capital so strong?

First, Upbit was the first to list STORJ (in 2017), and Koreans are “old friends” to this currency. In the eyes of Korean retail investors, “old friends suddenly rise” has more trust than “new currency IPO”, and they dare to pursue it.

Second, South Korea’s pursuit of the AI concept has been very fierce recently. OpenAI is opening classes in an office in South Korea, Anthropic is opening a branch in Seoul, and Naver itself is also building large models. STORJ’s “AI storage infrastructure” label was directly added.

Third, Korean won weakness + crypto premium (Kimchi premium) returns. The South Korean won has depreciated 2.4% against the US dollar in the past week, and a 4–5% Kimchi premium has appeared in South Korea’s local currency circle. In this environment, small-cap coins on Upbit tend to lead the gains.

The author’s judgment: The chips taken by Korean buyers today will form short-term support, but they are also famous for their “seven-day itch” – they will take huge profits after seven days of pulling. So short-term traders should be especially careful around May 22, which is the typical selling window for Korean retail investors.

5. Macro Background: What is happening in the entire encryption market on May 16?

The author must also explain the macro background clearly, because no matter how big the increase in STORJ is, it is only “a certain side of the market”, and the perspective of the whole market is indispensable.

Today’s overall market, simply put, is partial strength in the general decline:

  • Bitcoin: 79,000 US dollars, down 2.5% in 24 hours, and has dropped 5% from 84,000 US dollars in early May. The author does not think this position is dangerous, because 79,000-80,000 is the concentrated cost area of ​​institutional spot ETFs, and the support below is very strong.
  • Ethereum: $2,228, down 2% in 24 hours, and also fell by almost 10% last week. The ETH/BTC ratio has dropped to 0.028, its lowest level since the 2022 bear market.
  • Copycat: Except for STORJ, almost all stocks fell. SUI -7.7%, TON -6.1%, HYPE -5.85%, TAO -7.4% – these “star coins” we wrote about a few days ago are all being smashed today.
  • Stablecoins: USDT, USDC, and DAI all rose slightly by 0.01%-0.03%, indicating that funds are flowing in the direction of risk aversion.
  • Gold Concept Cryptocurrency: PAXG and Tether Gold both rose slightly – confirming macro risk aversion.

Why is the market in this state? Three macro factors:

  1. Federal Reserve June Meeting Expectations: The core CPI announced last week was 3.2% year-on-year, 0.1 percentage point higher than expected, causing the market to lower the probability of a “June interest rate cut” from 80% to 55%. Once expectations of interest rate cuts recede, risky assets like crypto will bear the brunt.
  2. TGA release schedule stuck: The Ministry of Finance this week once again lowered the pace of TGA release after the debt ceiling is lifted, which means that the supply of market liquidity is slower than expected.
  3. Bitcoin ETF capital inflows slow down: Net outflows began for three consecutive days on May 13, and institutions are waiting for the next clear signal.

In such a generally falling environment, STORJ can buck the trend and get out of 37%, which is a very rare “active opportunity” in itself – this kind of opportunity will usually continue after the market recovers, because the funds bought today are not “FOMO chasing highs” but “active allocation”, which is completely different in nature.

6. The author’s practical operation: three sets of position ideas with different risk preferences

The author is not someone who tells you to all come in. I give you three different sets of ideas for your reference every time. Same thing this time.

6.1 Conservative (recommended upper limit of 1%–2% of principal)

Core logic: Only bet on track recovery, not on STORJ alone

Specific configuration:

  • 50% STORJ: Because today’s leaders
  • 30% FIL: The leader in the track will make up for the increase sooner or later
  • 20% AR/AO: Save this sideline permanently

Entry method: Buy in 3 batches, buy 30% today, make up 40% when it pulls back to the range of 0.115-0.12 US dollars, and leave the remaining 30% for “adding positions after breaking the previous high”.

Stop loss: Stop loss in half if STORJ falls below $0.095 (today’s opening price range).

Expectation: The entire track will rise by an average of 50-80% within 1-2 months. Single currencies fluctuate greatly but portfolio risks are controllable.

6.2 Radical (recommended upper limit of 3%–5% of principal)

Core logic: all in STORJ, bet on 5-10 times elasticity in the future

Entry method: Today, the position will be opened in the range of 0.13-0.14 US dollars in two times, and the callback will be continued until 0.12 is reached.

Take-profit rhythm (used by the author myself):

  • $0.20 (short-term target): reduce position by 30%
  • $0.30 (mid-term target): reduce position by 40%
  • Above US$0.50: The remaining 30% is for the long term (if the track narrative really breaks out)

Stop Loss: Leave the market unconditionally if it falls below $0.10, retain funds and wait for the next opportunity.

Risk warning: If you hold concentrated positions in a single currency, the fluctuations will be very large, so don’t play if you are not in a good mood.

6.3 Long-term approach (not recommended to exceed 1% of principal)

Core logic: Wait for a correction, hold for 3-6 months

Action: Don’t chase today. This kind of short-term rush to sell tickets will most likely be reversed within 1-2 weeks. Wait for STORJ to return to the range of 0.10-0.11 US dollars before buying in batches, with a target of 0.30-0.40 US dollars, and a 6-month holding period.

Only buy spot, don’t touch any contracts. It is recommended to keep it in a cold wallet or spot account and do not participate in leverage.

Common points among the three plans: Always use only money you can afford to lose, never borrow money to speculate in currencies, and never increase leverage. These are the three iron rules summarized by the author in eight years of blood and tears.

7. How should newbies participate? full path from 0 to 1

If you are a complete novice in the currency circle, but want to try the water after seeing this news today, the author will give you a clear path from 0 to 1.

7.1 Step 1: Register with a reliable exchange

For spot trading STORJ, the author recommends two companies:

  • OKX: Good liquidity, good depth of STORJ/USDT trading pair, friendly to newcomers. 👉 OKX Exchange Registration Guide Just read this article.
  • Binance: The world’s largest, STORJ/USDT is the mainstream trading pair, it is recommended for long-term positions to choose this company.

Strongly do not recommend Korean Upbit – Unless you are a local Korean user, the cost of depositing and withdrawing Korean won is huge for Chinese/overseas users.

7.2 Step 2: Deposit USDT

If you already have USDT in other wallets, you can directly recharge via the TRC-20 chain. The handling fee is less than US$1 and it will arrive in your account in a few minutes. If it is your first time to buy fiat currency, please read [OKX fiat currency deposit guide] (), which is very detailed.

7.3 Step 3: Use spot instead of contract

Beginners should not touch contracts, remember this sentence. You can lose up to 100% on spot, and you can lose up to 10,000% on contracts – this is not an exaggeration, it is mathematics. The contract liquidation rate of small-cap coins like STORJ is particularly high. There is no meat on the market, so stop the loss first to cut yourself off.

7.4 Step 4: Buy in batches rather than in one fell swoop

What I hate most is seeing novices go all in as soon as they start trading, only to end up buying at the highest point that day. STORJ has risen 40% today. If you chase it now, you won’t be able to bear it if it pulls back 10% tomorrow. The correct approach is:

  • Use 1/3 of your funds to buy one first and experience the psychological pressure of holding a position.
  • If it falls 5%–10%, buy another 1/3
  • If the position is really broken (below $0.095), there is only 1/3 left. Don’t buy it. Wait for the opportunity.

7.5 Step 5: Set stop loss and enforce discipline

Stop loss is the most easily overlooked and most important thing for beginners. The author’s simple rule: a single loss cannot exceed 0.5% of total assets. If your principal is 50,000 US dollars, the maximum loss for a single transaction is US$250, and you can leave when you arrive, no buts.

If you want to systematically understand how novices enter the market, it is recommended to read Complete Guide for Beginners to Coin Speculation and Cryptocurrency Security Guide. Laying a solid foundation is more important than chasing any hot spots.

8. Potential catalytic events: several things worth keeping an eye on in the next 30 days

The author lists the possible catalytic events for STORJ and the storage track in the next 30 days:

  1. Around May 20: CoreWeave Q1 earnings conference call, AI customer list may be further disclosed
  2. May 25: Storj official Q1 business report (published quarterly) – focusing on real payment revenue and node growth
  3. Early June: Filecoin’s Mainnet major version upgrade (FVM 2.0) may drive the mood of the entire track
  4. June 10: Federal Reserve FOMC meeting to decide whether to cut interest rates in June
  5. Mid-June: Storj’s official speech at Paris AI Days – the official debut of the AI storage product line
  6. Irregular: Storj’s monthly repurchase and destruction report starting from Q2, each disclosure may become a short-term catalyst

Each of these events is not a “guaranteed surge”, but as long as two or three of them exceed expectations, it will be enough to push STORJ towards $0.30 or even $0.50.

9. Risk warning (must read, this part is the most important)

The author must make the risks clear, because the risks of such small-cap coins are much greater than those of large-cap coins:

  1. Liquidity Risk: STORJ’s market value is only US$20 million, and a single large transaction will significantly affect the price. If you have a heavy position, don’t use market orders, use limit orders to place orders in batches.
  2. Secondary liquidity risk: The pool on the chain is small (the three versions of Uniswap combined are only 480,000 US dollars). If you want to withdraw coins from CEX to play DeFi on the chain, the slippage will be very scary.
  3. South Korean capital withdrawal risk: Most of today’s gains were bought by South Korea. Their “seven-day itch” rule means that profit-taking may be concentrated around May 22, and there will be a stampede.
  4. Risk of track narrative realization: If AWS and Google Cloud start to actively reduce prices or launch official APIs for decentralized docking, the scarcity of the entire decentralized storage track will be diluted.
  5. Token Unlocking Risk: Although the issuance has been reduced, 15 million coins are still released every year, and node miners will continue to sell some of them.
  6. Regulatory Risk: South Korea’s Financial Supervisory Service (FSS) has recently increased scrutiny of small-cap coins on Upbit, and there is a tail risk of sudden delisting.
  7. Technical Risk: Although Storj’s off-chain reputation system is mature, extreme cases of “fake nodes” or “data loss” have indeed occurred. Although there have been no large-scale accidents in history, this is a potential black swan.
  8. Overall market risk: If Bitcoin falls below $75,000, all altcoins will fall indiscriminately – don’t forget that the market is generally falling today.

The author emphasizes again: Don’t use living capital, don’t use leverage, don’t go all in, set a stop loss, and take profits regularly. This eight-character guideline applies to any small-cap currency.

10. FAQ (quick answers to frequently asked questions)

**Q1: Can STORJ be chased today? **
A: It is not recommended to chase today’s new high position. Wait until it reaches the $0.115-$0.125 range before considering entering the market in batches. This is a more comfortable position.

**Q2: Which one is better than FIL? **
A: For flexibility, look at STORJ (the market is small), and for stability, look at FIL (the business for the market is also recovering). The 50/50 configuration is the most comfortable.

**Q3: Why did I buy a STORJ quilt cover before? **
A: You will most likely buy it at the top of the bull market in 2021, which is in the range of US$2.5-3.81, which is a drop of more than 95% from the current US$0.14. Don’t try to get your money back, reassess based on the current price.

**Q4: Which exchange has the best liquidity? **
A: Binance/OKX/Upbit. OKX is the first choice for Chinese users and is friendly to novices.

**Q5: Is node mining cost-effective? **
A: If you run a node for home broadband, the monthly income per TB is about US$25-40 based on the current currency price, which can basically cover the cost after deducting electricity and bandwidth fees. But you need a free hard drive and a stable home network. If you buy hardware specifically for mining, the payback cycle may take more than 18 months, which is not recommended.

**Q6: Will STORJ return to zero again? **
A: The probability of completely returning to zero is low because it has real business revenue and real customers. But there is a 20% probability of returning to zero (returning below $0.10) in the short term.

Q7: Which contract trading STORJ supports? **
A: Bitunix, BloFin, and Bitget support STORJ perpetual contracts. But the author once again strongly does not recommend novices to touch contracts**.

**Q8: What will be the next hot spot in the storage track? **
A: The author speculates that the next wave will be AR or FIL making up for the increase (which has lagged behind significantly in the past week), but the details will depend on the subsequent fundamentals.

**Q9: Can I make a fortune with STORJ? **
A: Getting rich cannot rely on a single currency. You can earn a 20-50% return on your principal in this market, which is already excellent. Don’t think of it as a 10-fold story like 2017-2021.

**Q10: I didn’t catch the bus today, is there another chance tomorrow? **
A: There is always a chance. There are new hot spots in the currency circle every week. Don’t chase today’s, look for tomorrow’s. It is much safer to look at the track, the narrative, and the flow of funds than chasing a single ticket.

Conclusion: Three sentences from the veteran

The author has been working in the cryptocurrency community for eight years, and I have three words for all my friends who come to the crypto world today because of STORJ:

First, hot spots will pass, but discipline will never fade away. Today’s 37% increase looks attractive, but only the discipline of stop loss and profit can keep you alive in the next wave of hot spots.

Second, the track is more important than a single currency. STORJ is just the first to start the decentralized storage industry. What can really make you money in the long term is your understanding of the industry, not your emotions about a single ticket.

Third, use a small amount of money to test the waters and verify yourself. Always enter the market with a sum of money that you can completely lose first to verify your judgment, your execution, and your mentality. Wait until all three are passed before considering enlarging the position.

I hope this in-depth article today can help you. If you find it useful, please forward it to your friends who are still wondering whether to pursue STORJ.

📚 Extended reading (must read for newbies)

📊 Data source

This article does not constitute any investment advice. Cryptocurrencies fluctuate greatly, so you should bear your own risk. *
The author’s position disclosure: I held a small amount of STORJ as a track observation position when the article was published. *

📚 Further Reading (Beginners)

📊 Data Sources

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