Stacks (STX) Price Hits $1.61 on Exchanges

Stacks (STX) traded up 9.4% against the US dollar during the 1 day period ending at 21:00 PM Eastern on November 5th. Over the last seven days, Stacks has traded down 13% against the US dollar. One Stacks coin can currently be purchased for $1.61 or 0.00002219 BTC on major exchanges. Stacks has a total market capitalization of $1.69 billion and approximately $68.23 million worth of Stacks was traded on exchanges in the last 24 hours.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• SolvBTC (SOLVBTC) traded 6.1% higher against the dollar and now trades at $72,001.12 or 0.99418841 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 5% against the dollar and now trades at $71,257.29 or 0.98391772 BTC.

Stacks Coin Profile

Stacks uses the hashing algorithm. It launched on February 17th, 2015. Stacks’ total supply is 1,499,533,125 coins and its circulating supply is 1,048,765,672 coins. The official message board for Stacks 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 website is 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 possible to purchase alternative cryptocurrencies such as Stacks directly using US dollars. Investors seeking to trade Stacks should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Stacks using one of the aforementioned exchanges.

STX/USD price chart by TradingView