Stacks (STX) Self Reported Market Capitalization Hits $1.59 Billion

Stacks (STX) traded 2.4% higher against the dollar during the one day period ending at 8:00 AM ET on November 5th. One Stacks coin can currently be bought for about $1.52 or 0.00002204 BTC on major cryptocurrency exchanges. Stacks has a market cap of $1.59 billion and $59.13 million worth of Stacks was traded on exchanges in the last 24 hours. During the last week, Stacks has traded down 18.8% against the 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 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 0.2% against the dollar and now trades at $68,786.27 or 0.99916162 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% higher against the dollar and now trades at $68,639.04 or 0.99702311 BTC.

Stacks Profile

Stacks uses the hashing algorithm. Its launch date was February 17th, 2015. Stacks’ total supply is 1,499,477,167 coins and its circulating supply is 1,048,765,672 coins. Stacks’ official message board is blog.stacks.co. Stacks’ official Twitter account is @stacks and its Facebook page is accessible here. Stacks’ official website is 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 currently possible to buy alternative cryptocurrencies such as Stacks directly using U.S. dollars. Investors seeking to acquire Stacks should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Stacks using one of the aforementioned exchanges.

STX/USD price chart by TradingView