Stacks Price Reaches $2.42 (STX)

Stacks (STX) traded up 15.7% against the U.S. dollar during the 24-hour period ending at 13:00 PM E.T. on June 5th. Stacks has a market capitalization of $2.54 billion and $291.76 million worth of Stacks was traded on exchanges in the last 24 hours. One Stacks coin can now be purchased for $2.42 or 0.00003383 BTC on major cryptocurrency exchanges. During the last week, Stacks has traded 24.3% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 2.8% lower against the dollar and now trades at $0.25 or 0.00000351 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 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 up 0.1% against the dollar and now trades at $0.0101 or 0.00000014 BTC.

Stacks Profile

STX uses the hashing algorithm. It launched 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 website is stacks.co. 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. 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, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Stacks using one of the exchanges listed above.

STX/USD price chart by TradingView