Stacks Trading 8.1% Lower This Week (STX)

Stacks (STX) traded 3.3% higher against the U.S. dollar during the 24 hour period ending at 13:00 PM ET on September 7th. Stacks has a market cap of $1.48 billion and $40.83 million worth of Stacks was traded on exchanges in the last 24 hours. One Stacks coin can currently be bought for about $1.41 or 0.00002583 BTC on exchanges. Over the last seven days, Stacks has traded 8.1% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed over 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 2.2% lower 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 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 2.6% lower against the dollar and now trades at $0.0516 or 0.00000094 BTC.

Stacks Coin Profile

Stacks (STX) uses the hashing algorithm. It was first traded 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 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. Stacks’ official Twitter account is @stacks and its Facebook page is accessible here. The official website for Stacks 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.”

Buying and Selling Stacks

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

STX/USD price chart by TradingView