Stacks (STX) Hits Self Reported Market Cap of $1.87 Billion

Stacks (STX) traded 4.4% higher against the dollar during the 24-hour period ending at 9:00 AM E.T. on October 12th. Stacks has a total market capitalization of $1.87 billion and approximately $72.34 million worth of Stacks was traded on exchanges in the last 24 hours. During the last week, Stacks has traded 3% lower against the dollar. One Stacks coin can now be bought for about $1.78 or 0.00002823 BTC on major exchanges.

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 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 up 5.9% against the dollar and now trades at $0.0543 or 0.00000086 BTC.

Stacks Coin Profile

Stacks uses the hashing algorithm. It launched on February 17th, 2015. Stacks’ total supply is 1,492,964,331 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. Stacks’ official message board 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 buy alternative cryptocurrencies such as Stacks directly using U.S. dollars. Investors seeking to trade Stacks should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. 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