Launched in August of 2016, Stratis is a blockchain development platform that enables users (primarily enterprise businesses) to develop, test, and deploy applications.
The goal here is Blockchain-as-a-Service; simple cloud-based deployment using coding languages that developers are most comfortable with (C# and the .NET framework). The Stratis team earn revenue by charging a recurring subscription fee for their BaaS model and for the consulting services they provide.
Users can download a Stratis full node from the Microsoft Azure Marketplace since Stratis is a certified Microsoft partner. If Stratis succeeds, enterprise users will be able to build any application they’d like and deploy it on their own customized private blockchain, a side chain secured by the Stratis network. Due to the nature of this cloud-based model, users wouldn’t need to maintain the network or clients themselves for storage, infrastructure, or platform needs.
Captain Altcoin’s STRAT Price Prediction for 2020
STRAT, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, STRAT can hope for one as well.
Since a strong Bitcoin move in 2020 is very likely, we can expect some swings and moves upwards by STRAT as well. So 2020 will be a year of potential big moves (more likely upwards) and we can see STRAT at least doubling its end of 2019 price value.
Of course, we speak about STRAT price denominated in USD. In terms of its BTC value, it is more likely that BTC will outperform it and STRAT will be worth less Satoshis by the end of 2020.
The main currency in cryptocurrency markets is Bitcoin and given this, altcoins tend to fuel Bitcoin runs and Bitcoin tends to do the same in return. Given this relationship, Bitcoin price movements (or lack thereof) tend to effect altcoin prices.
When Bitcoin goes up swiftly, it will likely:
- Suppress or depress altcoins as money flows into Bitcoin;
- Or, take altcoins along for the ride
In cases when Bitcoin plunges, it will likely:
- Depress altcoins as money flows into fiat;
- Or, cause altcoins to boom as money flows into them, but this is rarely the case.
When Bitcoin moves sideways, it will likely:
- Cause altcoins to mimic that as traders wait for a clear sign on the direction of the market;
- Or, cause altcoins to flourish as traders look for returns in altcoins and try to get favorable trades in terms of BTC pairs.
To summarize, Bitcoin is the focal point of the crypto market in many ways, and with BTC trading pairs on every exchange, the gravity of Bitcoin is hard to evade.
The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market.
Check out our guide on the next big cryptocurrency.
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”
Stratis Future Outlook
As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will STRAT be among those 5%?
Hard to estimate as Stratis is in the very competitive niche – dapp platforms are generally most coveted blockchain use case right now.
Why will Stratis succeed?
Why will Stratis fail?
Will Stratis reach $100 or $1000?
Is Stratis dead?
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All of this summed up means one thing: STRAT might live through couple of orchestrated and, for a regular trader, completely unpredictable pumps but the majority of time will be murky sideways trading with small volume and no significant interest from the market.
Price will heavily depend on what BTC will do and since many analysts think BTC will not be making big moves in this year, it is hard to expect STRAT will do them either. The price will probably stagnate and record slow-moving depreciation or appreciation depending on the team activity, potential technological breakthrough or high-level partnership.
Market prediction for Stratis – STRAT Price 2020
With the market being completely unpredictable, forecasting the cryptocurrency price is really more of a gamble and luck rather than a data driven guesstimate.
Let’s throw a glance at the eminent publications and personalities, and their predictions regarding the STRAT price, which will give us another point of view to consider:
Walletinvestor is a popular website that does technical analysis-based price predictions of various cryptocurrencies. According to them, STRAT is expected to drop slightly to $0.81 per token in one year.
Trading beasts display that Stratis can rocket to around $4.7 within a year which means it can roughly reach about $5.4 by 2020.
Cryptoground predicts that Stratis might rise to $2.75 by the end of 2020. They even added their version of STRAT price prediction 2024, where they stated that STRAT might reach $19.79 by 2024.
Digitalcoinprice gave a slightly positive prediction saying that by 2020 end, STRAT might be two times more worth than now – $1.92 per coin.
STRAT Future: 2021, 2023, 2025
STRAT Price Prediction 2021
STRAT Price Prediction 2023
STRAT Price Prediction 2025
Realistic STRAT Price Prediction
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com