Stacks (STX) Self Reported Market Capitalization Achieves $1.60 Billion

Stacks (STX) traded up 2.4% against the US dollar during the 24-hour period ending at 9:00 AM E.T. on September 17th. Stacks has a total market capitalization of $1.60 billion and approximately $38.73 million worth of Stacks was traded on exchanges in the last day. One Stacks coin can now be bought for $1.53 or 0.00002581 BTC on major cryptocurrency exchanges. Over the last week, Stacks has traded 1.3% lower against the US dollar.

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

• 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 2.2% lower 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 3.1% lower against the dollar and now trades at $0.0447 or 0.00000075 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. Stacks’ official message board is blog.stacks.co. Stacks’ official Twitter account is @stacks and its Facebook page is accessible here. The Reddit community for Stacks is https://reddit.com/r/stacks and the currency’s Github account can be viewed here. Stacks’ official website 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 purchase alternative cryptocurrencies such as Stacks directly using US dollars. Investors seeking to trade Stacks should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. 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