Hi everyone, this is Patate, talking to you about Walrus (WAL), a token associated with a decentralized storage network on the SUI blockchain. Developed by Mysten Labs, the developpers of the SUI network, have created this project where people can have nodes in order to run cloud storage in a decentralized way to be able to support people's data in a cheaper way than Amazon, Google and Microsoft. 

On top of storing data, Walrus is an application development platform that allows everyone like coders, users and more to store, read, manage and program  data and media files, like video, images, and PDFs. This allows people to run websites using Walrus. A coin has been made in order to use it to pay to buy data. Now let's talk about its price action.

So the $WAL token was released on mainnet on march 27th at a 0,46$ price per token. It then rose to a price of 60 cents before dropping quickly to 39 cents. After that, it slowly rose back to the 0,60$ on April 2th after rebounding multiple times. It started fluctuating 5 to 10 cents from 0,50 to 0,60 during the next few days and ended up back to 0,60$ on April 4th. From then, the price started dropping on April 5th to go down to the initial 0,45$ that the coin launched at. This shows some volatility from the coin, but also resistance compared to $SUI which has dropped to bellow 2$.

So thank you so much everyone for reading this article about Walrus, I wonder what do you guys think about the coin and the project so please comment what you think. See you next time! :)