Stacks Trading Down 19.6% Over Last 7 Days (STX)

Stacks (STX) traded 6.5% lower against the dollar during the twenty-four hour period ending at 0:00 AM Eastern on September 3rd. Stacks has a total market cap of $1.49 billion and approximately $68.02 million worth of Stacks was traded on exchanges in the last 24 hours. During the last seven days, Stacks has traded down 19.6% against the dollar. One Stacks coin can now be purchased for approximately $1.42 or 0.00002512 BTC on popular cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Taiko (TAIKO) traded down 9.3% against the dollar and now trades at $1.36 or 0.00002400 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 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.

Stacks Coin Profile

Stacks uses the hashing algorithm. It launched on February 17th, 2015. Stacks’ total supply is 1,818,000,000 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 official website for Stacks is 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 message board is blog.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.”

Buying and Selling Stacks

It is usually not presently possible to purchase alternative cryptocurrencies such as Stacks directly using U.S. dollars. Investors seeking to trade Stacks should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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