STRAT (Stratis) as Large-cap Coin is 98th in the 2100NEWS ranking. The quality of the order book of STRAT is Ordinary. The average quality of the order book for large caps members of the NWSL100 index is 13.3. What is the true value criterion in the crypto world?
*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you coins that are worth keeping in mind.
STRAT has been launched in 14 exchanges.
STRAT as Large-cap Coin is 98th in 2100NEWS ranking (after Index Review of 17th January 2020). It is an Index member: NWST1100, NWSL100, NWSCo100.
2100NEWS DA Orderbook Quality Evaluation Grade: Ordinary, Score: 12.3, (Average for Large caps: 13.3)
Over the past week, the average market cap was $33 million, average daily volume was $0.96 million.
To make appropriate peer comparison we gauged the STRAT (Stratis) coin with 2100NEWS DA Coin Index (NWSCo100). Looking at the daily chart below, at the top we can see the STRAT vs. NWSCo100, in the middle of the chart is the original STRAT price, at the bottom of the chart are NWSCo100 and correlation between STRAT and NWSCo100. On average (purple area graph), the relationship between STRAT and NWSCo100 has shown that STRAT was stronger in December, in the last four months, it has increased by 4%. Last two weeks STRAT had a fairly decisive bounce near $0.3. However, comparing the STRAT green area graph with the orange index area graph while observing the correlation graph, the correlation graph gives us an explanation that the correlation is weak (Pearson’s correlation coefficient = 0.31), even negative in the last five weeks. For 70% of the time, STRAT moved in the same direction as NWSCo100. In the last four months, STRAT as an index member has been an ordinary representative of the NWSCo100 index in terms of price changes.
(The state at the time of this article’s writing.)
In December 2020 they launched the Stratis Mobile Wallet and the Stratis STO platform which conforms with both Know Your Customer (KYC) and Anti Money Laundering (AML) laws and has undergone rigorous testing in order to ensure it meets all legal requirements for hosting Security Token Offerings. With the launch of the platform, they met a key milestone of the 2019 roadmap. They invest heavily in communications with the community. They have 134.5K followers at Twitter.
About Stratis – what they do
Stratis is a powerful and flexible blockchain Development Platform designed for the needs of real-world financial services businesses and other organisations that want to develop, test and deploy applications on the blockchain. Stratis blockchain apps can be developed in pure C# and can also utilize the Microsoft .NET framework, while also taking advantage of the powerful Stratis APIs and framework. Stratis significantly simplifies the development process for creating Blockchain applications and accelerates the development lifecycle for blockchain development projects. Stratis private chains allow businesses to deploy their own customised blockchains without the overheads inherent in running their own blockchain network infrastructure. Stratis’s turnkey solution enables developers and businesses to create, test and deploy blockchain-based applications quickly and easily, all without the costs and security concerns that would otherwise arise from an in-house implementation.
The philosophy at Stratis is to focus on how blockchain can streamline business processes. At the same time, they realize the importance of reducing the complexity of blockchain adoption and implementation. Blockchain concepts such as “reducing the need for trust” and “increasing transparency” are approached from an applied blockchain perspective. Applied blockchain breaks down use cases so the most effective enterprise blockchain solutions can be devised.
Their Values: Security, Decentralization, Trust, Privacy, Accessibility.
Stratis is headquartered in the U.K. and incorporated as Stratis Group Ltd. and it operates worldwide. The Stratis team is made up of developers, consultants and marketing experts.
Exchanges: Binance, Bithumb, Bittrex, Bittylicious, Bitvavo, Crex24, HitBTC, LiteBit.eu, Livecoin, Poloniex, SouthXchange, Upbit, VCC Exchange, WazirX.
You can follow them: Twitter Reddit Facebook
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The Crypto Highlights are considered the opinion of 2100NEWS and the material is for informational purposes only and 2100NEWS is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any coins STRAT.