Stacks (STX) Trading 13.4% Higher Over Last 7 Days

Stacks (STX) traded up 2.5% against the dollar during the one day period ending at 16:00 PM E.T. on October 20th. One Stacks coin can now be bought for approximately $1.91 or 0.00002789 BTC on major exchanges. In the last week, Stacks has traded 13.4% higher against the dollar. Stacks has a total market capitalization of $2.00 billion and approximately $42.78 million worth of Stacks was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 1.8% higher against the dollar and now trades at $0.0801 or 0.00000117 BTC.

Stacks Profile

Stacks (STX) uses the hashing algorithm. Its launch date was February 17th, 2015. Stacks’ total supply is 1,497,237,343 coins and its circulating supply is 1,048,765,672 coins. The official website for Stacks is stacks.co. The Reddit community for Stacks is https://reddit.com/r/stacks and the currency’s Github account can be viewed here. Stacks’ official message board is blog.stacks.co. Stacks’ official Twitter account is @stacks and its Facebook page is accessible here.

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 currently possible to purchase alternative cryptocurrencies such as Stacks directly using US dollars. Investors seeking to acquire Stacks should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Stacks using one of the aforementioned exchanges.

STX/USD price chart by TradingView