Stacks Hits Self Reported Market Capitalization of $1.92 Billion (STX)

Stacks (STX) traded 0.2% higher against the US dollar during the one day period ending at 12:00 PM Eastern on October 16th. One Stacks coin can currently be purchased for about $1.83 or 0.00002707 BTC on cryptocurrency exchanges. In the last seven days, Stacks has traded 8.7% higher against the US dollar. Stacks has a market capitalization of $1.92 billion and approximately $125.43 million worth of Stacks was traded on exchanges in the last day.

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 2.2% lower 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.5% higher against the dollar and now trades at $0.0494 or 0.00000073 BTC.

About Stacks

STX uses the hashing algorithm. Its launch date was February 17th, 2015. Stacks’ total supply is 1,493,555,938 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. 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.”

Stacks Coin Trading

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

STX/USD price chart by TradingView