Stacks (STX) Price Tops $0.49 on Exchanges

Stacks (STX) traded up 4.1% against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on August 5th. One Stacks coin can now be purchased for $0.49 or 0.00002104 BTC on popular cryptocurrency exchanges. Stacks has a total market capitalization of $648.49 million and approximately $17.43 million worth of Stacks was traded on exchanges in the last day. In the last week, Stacks has traded 11.6% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

  • JUMPN (JST) traded 54% lower against the dollar and now trades at $5.46 or 0.00018651 BTC.
  • Tarality (TARAL) traded up 38.3% against the dollar and now trades at $0.0007 or 0.00000003 BTC.
  • Tether (USDT) traded 0% lower against the dollar and now trades at $1.00 or 0.00004305 BTC.
  • The Web3 Project (WEB3) traded down 0.4% against the dollar and now trades at $144.44 or 0.00621790 BTC.
  • Sweet SOL (SSOL) traded 600.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Bitsubishi (BITSU) traded up 37.7% against the dollar and now trades at $98.34 or 0.00428675 BTC.
  • XRP (XRP) traded 1.2% higher against the dollar and now trades at $0.38 or 0.00001615 BTC.
  • Wrapped Cardano (WADA) traded 3% higher against the dollar and now trades at $0.51 or 0.00002211 BTC.
  • Gateway Protocol (GWP) traded 1.9% lower against the dollar and now trades at $3.64 or 0.00015656 BTC.
  • Lido stETH (STETH) traded 0.6% lower against the dollar and now trades at $2,947.45 or 0.07417648 BTC.

About Stacks

Stacks (STX) uses the hashing algorithm. It was first traded on February 17th, 2015. Stacks’ total supply is 1,352,464,600 coins and its circulating supply is 1,326,842,845 coins. Stacks’ official Twitter account is @blockstack.

According to CryptoCompare, “Stacks is an open-source network of decentralized apps and smart contracts built on Bitcoin.┬áThe Stacks blockchain is a flexible layer on top of Bitcoin that enables decentralized apps, smart contracts, and digital assets A layer-1 blockchain that connects to Bitcoin for security and enables decentralized apps and predictable smart contracts, Stacks implements Proof of Transfer (PoX) mining that anchors to Bitcoin security and┬áproduces blocks at the same rate as Bitcoin. Stacks Token (STX) is the native asset on the Stacks blockchain and used as fuel for transactions. All transactions, from executing Clarity contracts to creating digital assets, are paid for in STX. “

Stacks Coin Trading

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

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