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What is Stacks (STX)

investing08 - 2024-04-09 13:09:51

*Stacks crypto empowers developers to create smart contracts and dApps on top of the Bitcoin blockchain.


*By leveraging Bitcoin's security and network effects, Stacks unlocks the potential for expanding the capabilities of the Bitcoin blockchain.


*The Stacks ecosystem encompasses the Stacks blockchain, stacks token (STX), and Stacks miners.


*Developers can use unique programming languages and tools to build smart contracts on Stacks.


*dApps built on Stacks offer unique features and benefits compared to other platforms.


*The future of Stacks crypto holds exciting developments, enhanced features, and potential partnerships.


*Security and privacy are prioritized in the Stacks ecosystem to ensure user trust and confidentiality.


Founder of STX


*Stacks (STX) was founded in 2013 by Princeton University alumni, Muneeb Ali and Ryan Shea.


*It became the first SEC qualified token offering in 2019.


Circulation of STX


*STX has a total supply of 1,818,000,000 STX tokens from which 1,451,949,575 STX tokens are circulating in market.


*As per now STX has a market cap of $4,880,922,111 and ranked 22nd in market among other crypto currencies.


Where to Buy STX


*If you want to invest in STX then you can invest in many exchanges like- Binance, Upbit, Coinbase Exhange, OKX, Bybit, Gate.io, Bitget, Kucoin and MEXC.


Technical and Future analysis of STX


*As I have shown below in my chart of Stxusdt where you can get best entry for next halving.


*Stxusdt went up in 2023 leaving the order block at 0.9305$ and liquidity at 0.40$.


*If there is a crash in a market before halving or in next 2-3 months you can get best entry in these levels of order block and liquidity level.


*Entry levels for future holdings is 0.9303$-0.4$
Which i have explain in my chart.


*If anybody wants to invest in Stxusdt they can just hold now and just wait for its entry levels and can earn huge profit from there investment.


Screenshot 2024-04-04 at 4.38.01 PM.webp