Stacks (STX) Self Reported Market Capitalization Achieves $3.23 Billion

Stacks (STX) traded 5.7% higher against the US dollar during the 1-day period ending at 18:00 PM E.T. on March 11th. One Stacks coin can currently be purchased for $3.08 or 0.00004247 BTC on cryptocurrency exchanges. Over the last week, Stacks has traded up 1% against the US dollar. Stacks has a market capitalization of $3.23 billion and $440.90 million worth of Stacks was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded 3.5% higher against the dollar and now trades at $0.47 or 0.00000654 BTC.
  • 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.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded down 1.6% against the dollar and now trades at $0.0134 or 0.00000018 BTC.
  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 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 0.1% against the dollar and now trades at $0.0102 or 0.00000014 BTC.

About 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. 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 message board for Stacks is blog.stacks.co. 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 currently 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Stacks using one of the aforementioned exchanges.

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