Storj Token Jumps 24% in Five Minutes to Reach $0.0298

Storj (STORJ) jumped 24% in five minutes to $0.0298 on Oct. 19, reversing an earlier decline and bringing the token to its high for the day.

STORJ had traded as low as $0.02403305 earlier in the day. That put about $0.00577 between the daily low and high, a difference of roughly 24% of the low.

Before the jump, STORJ had been down 7.17% over 24 hours. Its 24-hour trading volume stood at $894,109.30. The decline describes the period before the sudden rise, while the volume figure covers a much longer span than the five-minute move.

The token had recently traded near $0.024, placing the $0.0298 high above that earlier level. The five-minute move captures a brief change in price; it does not establish where STORJ finished the day. Likewise, the earlier 24-hour decline does not describe its performance after the jump.

STORJ is the token associated with the Storj network.