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OMARALREEFI
Nov 24, 2021 12:14 PM

STREAMR DATACOIN / TETHERUS Long

Streamr DATAcoin / TetherUSBinance

Description

DATA Price Live Data
The live Streamr price today is $0.124216 USD with a 24-hour trading volume of $16,180,664 USD. We update our DATA to USD price in real-time. Streamr is up 6.63% in the last 24 hours. The current CoinMarketCap ranking is #399, with a live market cap of $95,288,898 USD. It has a circulating supply of 767,121,867 DATA coins and the max. supply is not available.
If you would like to know where to buy Streamr, the top exchanges for trading in Streamr are currently Binance, Mandala Exchange, Gate. io , Hotcoin Global, and BiONE. You can find others listed on our crypto exchanges page.

What Is Streamr (DATA)?
Streamr (DATA) is an open source project and decentralized platform that relies on cryptography instead of trust. It is a P2P, real-time data infrastructure that houses a platform and tools for a new data economy. The technology stack includes a scalable real-time messaging network (pub/sub) hosted on computers worldwide, a marketplace for trading/selling data and a set of tools for working with real-time data.

Streamr (DATA) was crowdfunded in 2017. The main idea is to create decentralized infrastructure and data economy; the mission was formulated by the developers as “Unstoppable Data for Unstoppable Apps.” Streamr tokenizes the value of real-time information and makes it available on their marketplace and data unions. This is built for DApps, IoT devices and more, and they believe this is a crucial protocol for Web 3.0.

The tasks of Streamr DATA coin include creating a comfortable and prosperous information market, which is built on the basis of a data exchange network that is convenient and understandable for users. How it works: the decentralized pub/sub network is supported by nodes around the world, who earn DATA tokens in exchange for the bandwidth and validation they provide.

The competitive advantage lies in the fact that it is an off-chain network (for example, when compared to a similar IOTA service). Therefore, the risk that the project will face scalability and bandwidth issues is modest. The intention of the Streamr team is not to create some special blockchain, but to focus on the development of network optimization technologies. If Streamr lacks the capabilities of Ethereum , developers can always transfer the platform to another blockchain.


We see the chilek triangle pattern on the verge of breaking through to the top
The price is squeezed inside the pattern and will have to make a move either up or down.

Looking at the previous uptrend that peaked on April 7, 2021, this is a continuation pattern with a higher probability of a breakout to the upside.
Profit/3180.(156%)
Targets

0.151

0.183

0.216

0.261

0.318
Comments
AsifRehman
weeks or months?
how much time will take to achieve above targets according to your experience? , any idea..?
Lydian69
Nice explanation. I think we can use these price movements to increase our DATA position because the project can be a big thing in the long term. I personally find 100m marketcap undervalued. This should be at least 500m-1b.
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