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Storj, a distributed cloud storage platform, has announced leadership changes as it targets a new growth chapter. The platform said in a press release on October 30 that Colby Winegar, until then the platform's chief revenue officer, had been promoted and would be taking over as the new chief executive officer.
Tokens powering Decentralized Physical Infrastructure Networks (DePIN) are emerging as assets to watch in the current market. These cryptocurrencies incentivize the creation and maintenance of physical infrastructure on decentralized platforms.
Storj price surged more than 25% to lead top gaining altcoins. The token's upside comes as a major conference bringing together scientists from around the world kicks off at the University of Liverpool. STORJ was trading around $0.48 at the time of writing, with its daily volume up more than 1,700% to $196 million.