Stacks (STX) Price Down 15.5% This Week

Stacks (STX) traded 5.8% lower against the dollar during the 1 day period ending at 17:00 PM Eastern on November 3rd. Stacks has a total market cap of $1.55 billion and approximately $64.73 million worth of Stacks was traded on exchanges in the last day. One Stacks coin can currently be bought for about $1.48 or 0.00002142 BTC on cryptocurrency exchanges. In the last week, Stacks has traded 15.5% lower against the dollar.

Here’s how related cryptocurrencies have performed in 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 up 1.2% 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.
• SolvBTC (SOLVBTC) traded 0.7% lower against the dollar and now trades at $68,896.53 or 0.99732839 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1% against the dollar and now trades at $68,616.78 or 0.99327868 BTC.

About Stacks

Stacks uses the hashing algorithm. It was first traded on February 17th, 2015. Stacks’ total supply is 1,499,258,242 coins and its circulating supply is 1,048,765,672 coins. 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 message board is blog.stacks.co. 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 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.

STX/USD price chart by TradingView