Stacks Price Hits $2.02 on Exchanges (STX)

Stacks (STX) traded down 3.7% against the U.S. dollar during the 1 day period ending at 7:00 AM E.T. on May 9th. One Stacks coin can currently be bought for $2.02 or 0.00003319 BTC on popular exchanges. Stacks has a market capitalization of $2.12 billion and approximately $87.79 million worth of Stacks was traded on exchanges in the last day. During the last seven days, Stacks has traded 3.3% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 1.1% against the dollar and now trades at $0.30 or 0.00000485 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 2.2% lower 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 flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.2% higher against the dollar and now trades at $0.0103 or 0.00000017 BTC.

About Stacks

Stacks (STX) uses the hashing algorithm. Its genesis date was February 17th, 2015. Stacks’ total supply is 1,818,000,000 coins and its circulating supply is 1,048,765,672 coins. The official message board for Stacks is blog.stacks.co. Stacks’ official Twitter account is @stacks and its Facebook page is accessible here. Stacks’ official website is stacks.co. The Reddit community for Stacks is https://reddit.com/r/stacks and the currency’s Github account can be viewed 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.”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Stacks using one of the aforementioned exchanges.

STX/USD price chart by TradingView