2020-2-6 19:00 |
Blockstack is rolling out a consensus mechanism that presents a fresh use case for the world's most popular cryptocurrency.
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Stacks (STX) is an NFT ecosystem that utilizes the best of two worlds; it’s secured by the Bitcoin network while also on Bitcoin which leverages the scalability of the Ethereum network. Bored Ape or pixelated Punk, there’s no denying the NFT movement & market roared to life in 2021.
North Rock Digital, a player in the digital assets hedge fund arena, recently made a bold prediction regarding the altcoin Stacks (STX). In a statement released on X, the fund highlighted its investment strategy and reasoning for STX being the best altcoin to long at the moment.
Stacks (STX) is an NFT ecosystem that utilizes the best of two worlds; it’s secured by the Bitcoin network while also on Bitcoin which leverages the scalability of the Ethereum network. Bored Ape or pixelated Punk, there’s no denying the NFT movement & market roared to life in 2021.
The price of Stacks (STX) experienced a sustained rebound, driven by a prevailing sentiment of positivity within the cryptocurrency sector. STX had a significant increase, reaching a peak of $0. 680, which represents the highest value observed since July 14th.
The cryptocurrency Stacks (STX) has recently experienced a remarkable turnaround, with its price bouncing back after reaching a multi-month low of $0. 4412. Investors have seized the opportunity to “buy the dip,” resulting in a continuous upward trend for STX over the past few days.
The crypto market is currently experiencing a general price recorrection, following a strong bullish phase that saw many assets soar to new highs. Stacks (STX), one of the notable performers in recent days, is not left out of the current ebb and flow of the market, with its value experiencing a significant decline in the last few hours.
STX has seen a staggering 257% increase over the past 30 days, with a 62% increase in just the last week alone.