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Strike STRIKE Price

$12.48

-2.21%

$12.38

24h Range

$13.16

Market Cap

$67,530,884.0

Fully Diluted Valuation

$81,630,282.2

24 Hour Trading Vol

$11,369,881.0

Circulating Supply

5,439,786.0

Total Supply

6,540,888.0

Max Supply

6,540,888.0

Info

STRIKE Price Statistics

Strike Price

$12.48

24h Range

$12.38 - $13.16

Percent Change 1h

0.34%

Percent Change 24h

-2.21%

Percent Change 7d

-15.15%

All-time high

$78.95

All-time low

$4.81

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About Strike

What is Strike (STRIKE)?

Strike (STRIKE) is a decentralized finance (DeFi) platform designed to facilitate the seamless transfer and exchange of value using blockchain technology. Launched in 2021, Strike enables users to engage in various financial activities such as lending, borrowing, and trading cryptocurrencies without the need for intermediaries. The platform operates on the Ethereum blockchain, leveraging smart contract technology to ensure transparency, security, and efficiency. With a focus on user experience, Strike aims to make DeFi accessible to everyone, regardless of their technical knowledge.

Who are the Founders of Strike?

Strike was co-founded by a team of experienced professionals in the blockchain and finance sectors. The key founders include:

  • Jack Mallers - A prominent figure in the Bitcoin community, known for his advocacy of Bitcoin and its potential to revolutionize finance.
  • Michael Morrow - An expert in finance and technology, who has contributed significantly to the development of blockchain solutions.
  • Jesse Powell - Co-founder of Kraken, one of the largest cryptocurrency exchanges, providing insights into regulatory compliance and market dynamics.

These founders have combined their expertise to build a robust platform that prioritizes innovation and user empowerment.

How does Strike Work?

Strike operates by utilizing smart contracts on the Ethereum blockchain. Users can interact with the platform through a user-friendly interface, allowing them to perform various financial activities. Here’s how it works:

  • Wallet Integration: Users can connect their cryptocurrency wallets to the Strike platform to manage their assets effectively.
  • Smart Contracts: Strike employs smart contracts to automate processes such as lending and borrowing, ensuring that transactions are executed securely and transparently.
  • Liquidity Pools: Users can contribute to liquidity pools, earning rewards in the form of STRIKE tokens for providing liquidity to other users.
  • Yield Farming: Users can participate in yield farming, staking their assets to earn additional returns on their investments.
  • Governance: Holders of STRIKE tokens have governance rights, allowing them to vote on proposals that affect the platform's future development and policies.

By utilizing these mechanisms, Strike creates a decentralized ecosystem that empowers users to take control of their financial activities.

Top Use Cases of Strike

The platform offers several use cases that cater to a variety of users:

  • Decentralized Lending and Borrowing: Users can lend their assets to earn interest or borrow assets by providing collateral, facilitating a peer-to-peer lending environment.
  • Trading: Strike allows users to trade various cryptocurrencies, providing them with the tools to manage their portfolios effectively.
  • Yield Generation: By participating in liquidity pools and yield farming, users can generate passive income on their cryptocurrency holdings.
  • Staking: Users can stake their STRIKE tokens to earn additional rewards, contributing to the network's security and operations.
  • Cross-Chain Interoperability: Strike is exploring cross-chain capabilities, enabling users to interact with multiple blockchains seamlessly.

These use cases highlight Strike's versatility and its commitment to enhancing the DeFi landscape.

How to Keep your Strike Safe?

Security is paramount in the cryptocurrency space, and users must take proactive steps to keep their Strike assets safe:

  • Use Hardware Wallets: Consider using a hardware wallet to store your STRIKE tokens and other cryptocurrencies, providing an extra layer of security against online threats.
  • Enable Two-Factor Authentication (2FA): Always enable 2FA on your accounts to add an additional security layer, protecting your assets from unauthorized access.
  • Stay Informed: Keep up with the latest security practices and threats in the cryptocurrency ecosystem. Awareness is key to avoiding scams and fraud.
  • Use Strong Passwords: Create strong, unique passwords for your accounts and change them regularly to enhance security.
  • Verify Links and Sources: Always verify the authenticity of any links you click and the sources of information, especially when it comes to wallets and exchanges.

By following these safety measures, users can enhance the security of their Strike assets and minimize risks in the evolving cryptocurrency landscape.

How to Invest in Strike (STRIKE)?

Investing in Strike (STRIKE) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Strike: Once your account is funded, you can purchase Strike directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Strike (STRIKE) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Strike using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Strike (STRIKE) in the Long Term?

Strike (STRIKE) is currently trading at $12.48 and exhibits good potential for future growth. Check the latest Strike (STRIKE) price prediction.

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