Stacks Self Reported Market Cap Reaches $1.82 Billion (STX)

Stacks (STX) traded 3.7% higher against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on July 1st. In the last seven days, Stacks has traded 12.9% higher against the U.S. dollar. Stacks has a total market capitalization of $1.82 billion and approximately $65.06 million worth of Stacks was traded on exchanges in the last day. One Stacks coin can currently be bought for $1.73 or 0.00002730 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded up 0.3% against the dollar and now trades at $0.21 or 0.00000330 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3.1% higher against the dollar and now trades at $0.0118 or 0.00000019 BTC.

Stacks Profile

Stacks uses the hashing algorithm. It was first traded on February 17th, 2015. Stacks’ total supply is 1,818,000,000 coins and its circulating supply is 1,048,765,672 coins. Stacks’ official Twitter account is @stacks and its Facebook page is accessible here. The Reddit community for Stacks is https://reddit.com/r/stacks and the currency’s Github account can be viewed here. The official message board for Stacks is blog.stacks.co. The official website for Stacks is stacks.co.

According to CryptoCompare, “Stacks (STX) is the native token of the Stacks blockchain, a layer-one blockchain built on top of Bitcoin. It enables developers to create dApps with smart contracts, tokenize assets and build digital marketplaces. STX is built using the Clarity smart contract language which is secure and auditable. PoX consensus protocol rewards miners with a combination of Bitcoin and STX to provide a secure, reliable platform. STX can be used to stake, purchase digital assets, pay for services and vote on network decisions. Blockstack PBC, founded by Muneeb Ali and Ryan Shea in 2013, is responsible for development and maintenance of Stacks network.”

Buying and Selling Stacks

It is usually not possible to buy alternative cryptocurrencies such as Stacks directly using US dollars. Investors seeking to trade Stacks should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Stacks using one of the exchanges listed above.

STX/USD price chart by TradingView