Stacks (STX) Reaches Self Reported Market Cap of $760.64 Million

Stacks (STX) traded 4.7% higher against the US dollar during the one day period ending at 8:00 AM Eastern on March 26th. One Stacks coin can now be purchased for about $0.73 or 0.00000827 BTC on exchanges. Stacks has a total market capitalization of $760.64 million and approximately $62.61 million worth of Stacks was traded on exchanges in the last day. In the last week, Stacks has traded up 14.7% against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

  • 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded 0.8% higher against the dollar and now trades at $87,666.96 or 0.99959576 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 0.6% higher against the dollar and now trades at $87,337.67 or 0.99584109 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Stacks Profile

Stacks (CRYPTO:STX) uses the hashing algorithm. It launched on February 17th, 2015. Stacks’ total supply is 1,518,641,034 coins and its circulating supply is 1,048,765,672 coins. Stacks’ official message board is blog.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 Twitter account is @stacks and its Facebook page is accessible here. 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 purchase alternative cryptocurrencies such as Stacks directly using U.S. dollars. Investors seeking to trade Stacks should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Stacks using one of the aforementioned exchanges.

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