Stacks Hits Self Reported Market Cap of $1.62 Billion (STX)

Stacks (STX) traded down 1.7% against the U.S. dollar during the twenty-four hour period ending at 8:00 AM ET on January 1st. One Stacks coin can currently be purchased for about $1.54 or 0.00001647 BTC on major cryptocurrency exchanges. Stacks has a market cap of $1.62 billion and approximately $128.32 million worth of Stacks was traded on exchanges in the last 24 hours. During the last week, Stacks has traded down 9.6% against the U.S. dollar.

Here is how other cryptocurrencies have performed during 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 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.
• SolvBTC (SOLVBTC) traded 1% lower against the dollar and now trades at $93,345.77 or 0.99731224 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.9% against the dollar and now trades at $93,008.98 or 0.99371399 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Stacks

Stacks (STX) uses the hashing algorithm. Its launch date was February 17th, 2015. Stacks’ total supply is 1,507,159,261 coins and its circulating supply is 1,048,765,672 coins. 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. 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 possible to purchase alternative cryptocurrencies such as Stacks directly using US dollars. Investors seeking to acquire Stacks should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Stacks using one of the exchanges listed above.

STX/USD price chart by TradingView