Stacks Reaches Self Reported Market Capitalization of $1.66 Billion (STX)

Stacks (STX) traded down 1.9% against the US dollar during the 24 hour period ending at 17:00 PM ET on November 2nd. Stacks has a market capitalization of $1.66 billion and $32.40 million worth of Stacks was traded on exchanges in the last 24 hours. One Stacks coin can currently be purchased for $1.58 or 0.00002271 BTC on popular cryptocurrency exchanges. During the last week, Stacks has traded down 6.3% against the US dollar.

Here’s how other cryptocurrencies have performed during 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 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $69,414.29 or 0.99812989 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0% against the dollar and now trades at $69,379.00 or 0.99762251 BTC.

Stacks Coin Profile

Stacks (STX) uses the hashing algorithm. It launched on February 17th, 2015. Stacks’ total supply is 1,499,146,283 coins and its circulating supply is 1,048,765,672 coins. The Reddit community for Stacks is https://reddit.com/r/stacks and the currency’s Github account can be viewed here. The official website for Stacks is stacks.co. Stacks’ official Twitter account is @stacks and its Facebook page is accessible here. The official message board for Stacks is blog.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, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Stacks using one of the exchanges listed above.

STX/USD price chart by TradingView