Stacks Trading 15.3% Lower This Week (STX)

Stacks (STX) traded 4.7% lower against the US dollar during the 24-hour period ending at 18:00 PM ET on September 3rd. Stacks has a market capitalization of $1.51 billion and $56.83 million worth of Stacks was traded on exchanges in the last day. During the last week, Stacks has traded 15.3% lower against the US dollar. One Stacks coin can currently be purchased for approximately $1.44 or 0.00002493 BTC on major cryptocurrency exchanges.

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

• Taiko (TAIKO) traded down 5.9% against the dollar and now trades at $1.42 or 0.00002457 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 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.

Stacks 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 website is stacks.co. The official message board for Stacks 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.

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.”

Stacks Coin Trading

It is usually not currently 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 Gemini, GDAX or Changelly. 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