Stacks (STX) Hits 1-Day Volume of $54.05 Million

Stacks (STX) traded down 1.1% against the US dollar during the twenty-four hour period ending at 11:00 AM Eastern on October 22nd. Stacks has a total market cap of $1.89 billion and approximately $54.05 million worth of Stacks was traded on exchanges in the last 24 hours. One Stacks coin can currently be purchased for about $1.80 or 0.00002676 BTC on major exchanges. Over the last week, Stacks has traded 0.2% lower against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• 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 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 0% lower against the dollar and now trades at $0.0944 or 0.00000140 BTC.

Stacks Profile

Stacks uses the hashing algorithm. It was first traded on February 17th, 2015. Stacks’ total supply is 1,497,522,315 coins and its circulating supply is 1,048,765,672 coins. Stacks’ official message board is blog.stacks.co. The official website for Stacks is stacks.co. 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.

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

STX/USD price chart by TradingView