Stacks (STX) Hits Self Reported Market Cap of $1.83 Billion

Stacks (STX) traded down 3.1% against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on October 23rd. One Stacks coin can now be purchased for about $1.75 or 0.00002648 BTC on popular exchanges. Stacks has a total market capitalization of $1.83 billion and approximately $36.44 million worth of Stacks was traded on exchanges in the last day. Over the last week, Stacks has traded 5.2% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

• 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 down 2.2% 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 down 2.2% 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.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.

About Stacks

Stacks uses the hashing algorithm. It launched on February 17th, 2015. Stacks’ total supply is 1,497,677,267 coins and its circulating supply is 1,048,765,672 coins. 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. Stacks’ official message board is blog.stacks.co. Stacks’ official website is 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.”

Stacks Coin Trading

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

STX/USD price chart by TradingView