Stratis is notoriously struggled to make gains towards $20.00 in the wake of the cryptocurrency boom. Just as a reminder, the current all time high for Stratis sits at $21.21, as recorded at the start of 2018. Since its fall, leading through the March depression, Stratis bottomed out at little over $3.00 leaving many investors wondering when Stratis would breach $10.00 again, let alone $20.00.
Now of course, with another cryptocurrency boom most probably on the horizon, we can’t write off the possibility of Stratis hitting $20.00 just yet, although, it would be easier to imagine if we saw the market cap of Statis rise a little first. Interestingly, in quite a rare case, the actual value of Statis far exceeds its market capitalisation (in comparison).
At the time of writing, Stratis is valued at $5.83, up 1.26% with a market cap of $576,556,316.00, placing it in 42nd place on Coinmarketcap.com.
For those who haven’t heard of Stratis, here’s a little run down of what the project aims to achieve.
Based in London (UK), Stratis uses a .net framework to test and deploy native C# blockchain applications. The Stratis token, STRAT is used as a fuel source for the Stratis blockchain. It’s a proof-of-stake currency with low emission and low inflation that currently trades on Bittrex, Poloniex and Bittylicious.
According to Stratis:
“From Fintech to Internet of Value and emerging technologies, our C# and .Net development, deployment and consulting capabilities can help streamline and accelerate your blockchain project development process.”
“Our enterprise-grade development platform nStratis is a simple and affordable end-to-end solution for native C# and .Net blockchain applications: solutions tailored exactly to your specific needs – at very competitive rates. Our proprietary blockchain combines the latest advances in security and stability of Bitcoin with the latest breakthroughs in network speed, scalability and customization.”
All in all, Statis is an innovative platform with great future promise and a wealth of potential. Despite its current growth looking limited, future listings on some major exchanges could push up the market cap of the Stratis token, STRAT. When this happens, we will certainly see the value of Stratis rise.
First of, let’s keep our eyes on that $10.00 target, when Stratis can find a balance around here, it’s potential to be boosted up to $20.00 will grow significantly. Another crypto-wide bull run would do Stratis some good too.
Read more about Stratis, here- https://stratisplatform.com/