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These are the ten largest storage cryptocurrencies – ValueWalk

These are the ten largest storage cryptocurrencies
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Cloud storage is a centralized storage platform, but they are vulnerable to data theft or loss. Decentralized storage platforms, however, can overcome this drawback by dividing user data into smaller chunks and distributing it across nodes. In addition, data is automatically encrypted when uploaded over the network. These platforms usually have their own coins or tokens, as they exist on a blockchain. Let’s take a look at the ten largest storage cryptocurrencies.

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Ten Biggest Storage Cryptocurrencies

We referred to market capitalization data (as of June 22, 2022) of storage cryptocurrencies to rank the ten largest storage cryptocurrencies.

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  1. Aleph.im (ALEPH)

Created in 2018, it is an open-source crosschain network that includes a decentralized database, such as computing, file storage, and a DID (decentralized identity) framework. ALEPH is down almost 1% in the last 30 days and almost 59% since the start of the year. At the time of writing, ALEPH was trading at $0.2622, giving it a market capitalization of over $50 million. ALEPH has an all-time high of $0.8692 (January 2022) and an all-time low of $0.0247 (September 2020).

  1. MaidSafeCoin (MAID)

It is the currency of the SAFE network and users can spend it on network services. MAID is down more than 2% in the last 30 days and almost 60% since the start of the year. At the time of writing, MAID was trading at $0.1672, giving it a market capitalization of over $70 million. MAID has an all-time high of $1.38 (April 2021) and an all-time low of $0.004059 (March 2015).

  1. Augur (REP)

It is an Ethereum token that helps in reporting and challenging the outcome of events in online prediction markets. The REP is down more than 30% in the last 30 days and almost 55% since the start of the year. At the time of writing, REP was trading at $8.56, giving it a market capitalization of over $90 million. REP has an all-time high of $123.24 (January 2018) and an all-time low of $0.783 (September 2016).

  1. Ocean Protocol (OCEAN)

Co-founded in 2017, it enables users to realize the value of their data, as well as monetize it through the use of ERC-20 based data tokens. OCEAN is down almost 25% in the last 30 days and more than 70% since the start of the year. At the time of writing, OCEAN was trading at $0.1899, giving it a market capitalization of over $100 million. OCEAN has an all-time high of $1.94 (April 2021) and an all-time low of $0.01351 (August 2019).

  1. Siacoin (SC)

Officially launched in June 2015, it is a native utility token of Sia, which is a secure and trustless marketplace for cloud storage allowing users to rent access to their unused storage space. SC is down almost 30% in the last 30 days and more than 70% since the start of the year. At the time of writing, SC was trading at $0.003935, giving it a market capitalization of over $190 million. SC has an all-time high of $0.1117 (January 2018) and an all-time low of $0.00001131 (December 2015).

  1. Storj (STORJ)

Launched in late 2018, it is an open-source cloud storage platform that uses a decentralized network of nodes to host user data. STORJ is up over 7% in the past 30 days, but down over 60% year-to-date. At the time of writing, STORJ was trading at $0.6577, giving it a market capitalization of over $250 million. STORJ has an all-time high of $3.91 (March 2021) and an all-time low of $0.04835 (March 2020).

  1. Arweave (AR)

Launched in June 2018, it is a decentralized storage network that offers a platform for indefinite data storage. AR is down over 42% in the last 30 days and over 86% year-to-date. At the time of writing, AR was trading at $9.40, giving it a market cap of over $300 million. AR has an all-time high of $90.94 (November 2021) and an all-time low of $0.4854 (May 2020).

  1. Holo (hot)

It is a peer-to-peer distributed platform for hosting decentralized applications. HOT aims to act as a bridge between the internet and applications developed using Holochain. HOT is down more than 19% in the last 30 days and almost 71% since the start of the year. At the time of writing, HOT was trading at $0.002194, giving it a market capitalization of over $370 million. HOT has an all-time high of $0.03157 (April 2021) and an all-time low of $0.0002189 (March 2020).

  1. BitTorrent-New (BTT)

Released in February 2019, it is a dedicated native cryptocurrency token of BitTorrent, which is a popular peer-to-peer (P2P) file sharing and torrenting platform. BTT is down over 30% in the last 30 days. At the time of writing, BTT was trading at $0.0000007932, giving it a market capitalization of over $700 million. BTT has an all-time high of $0.000003054 (January 2022) and an all-time low of $0.000000705 (June 2022).

  1. Filecoin (FIL)

Launched in 2020, it is a decentralized storage system that aims to “store humanity’s most important information”. The decentralized nature of Filecoin aims to protect the integrity of the data location. FIL is down more than 33% in the last 30 days and more than 84% since the start of the year. At the time of writing, FIL was trading at $5.68, giving it a market capitalization of over $1.20 billion. FIL has an all-time high of $237.24 (April 2021) and an all-time low of $1.83 (August 2019).

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