SJCX Coin Overview
SJCX, short for Storjcoin X, is the native cryptocurrency token of Storj, a decentralized cloud storage project. The project aims to build a secure, private, and efficient decentralized cloud storage network that allows users to rent out their unused hard drive space and earn rewards for storing data.SJCX was initially issued on the Counterparty blockchain as a utility token within the Storj ecosystem.
SJCX to STORJ Token Migration
As the Storj project grew and its technology stack evolved, Storj Labs decided to migrate its token to the Ethereum blockchain, which offers greater liquidity and compatibility.The new ERC-20 standard token was named STORJ. This migration was intended to enhance the token’s usability and better support the payment needs of Storj’s decentralized cloud storage service (the Tardigrade Network).
- Migration Timeline: Storj Labs announced on November 5, 2019, that the SJCX-to-STORJ token conversion service officially ended on January 1, 2020. After this deadline, SJCX holders could no longer convert their old tokens into the new STORJ tokens.
- STORJ Token: STORJ is the Storj project’s current active utility token, used to pay for storage and bandwidth fees on the Tardigrade Network, and plays a central role in the ecosystem.
Current Status of SJCX
Since the token migration has been completed and the conversion period has ended, SJCX is currently widely regarded by the market as an inactive or dormant token.As of September 3, 2026, most cryptocurrency data platforms show SJCX’s real-time price as typically $0, with a 24-hour trading volume of $0. Its market capitalization and ranking are therefore also shown as zero or extremely low, indicating that the token no longer has an active trading market.
- Supply: Storjcoin X has a total supply of 500 million tokens. Public data shows that its self-reported circulating supply and market capitalization have both dropped to zero.
- Market View: The market generally considers SJCX to no longer be an active trading asset, and its value is not widely recognized by the market.
Given SJCX’s inactive status and lack of trading liquidity, there are currently no reliable active trading channels for this token. Investors and users interested in the Storj project should focus on its currently active ERC-20 token, STORJ.
