Stacks (STX) Overview

Suba

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Nov 11, 2022
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Stacks (STX) is the native coin of the Blockstack blockchain, created by Blockstack PBC and based in the United States of America, 2020.
The Stack network implements a Proof of Transfer (PoX) consensus mechanism coupled with the security of PoW Bitcoin.

Other Ways to Get Free Bitcoin
Users can stake coins or lock STX coins to support the Stacks network and will get Bitcoin as a reward. At least 10,000 STX is required for staking in a personal wallet. However Stakers who have few STX coins can join the stacking pool or collective staking on exchanges OkCoin, Binance, Coinlist, OKX etc.

The current price of Stacks (STX) is $0.628, ATH $3.610 was reached on November 16, 2021, Max Supply 1.818 million STX.

According to my prediction based on the Trend line the STX price will drop in early June to around $0.540. What do you think, is Stacks (STX) promising for long-term investment?
 
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Golden9

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Sep 6, 2022
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Like most altcoins, Stx is up a lot from the beginning of the year, but it will probably go down again for accumulation before the beginning of the Bull Run
 

Suba

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Nov 11, 2022
3,879
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The current price of STX Stacks is $0.68, I only have a small amount as an airdrop from Blockchain.com of 100 STX, so it is impossible to participate in staking which requires 1000 STX,
 

Golden9

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Sep 6, 2022
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The current price of STX Stacks is $0.68, I only have a small amount as an airdrop from Blockchain.com of 100 STX, so it is impossible to participate in staking which requires 1000 STX,
You can still use it to stake on exchanges like Binance. Stx will probably pump along with Bitcoin due to being part of the Bitcoin ordinals narrative. It has been happening for a while too.
 

riberet19

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Jan 7, 2023
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I did not know this cryptocurrency to be honest, it seems interesting but I do not like the amount of coins you have to have to be able to stake, it seems too high.
 

Suba

Notable
Member
Nov 11, 2022
3,879
471
Dex
$0.000
Raw Dex
$1.585
It seems that the price increase of Stacks (STX) is very slow compared to other crypto, the current price of Stacks July 11, 2023 is $0.643. So in my opinion Stacks (STX) is less promising if used as a long term investment.
 

Bisolami

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Sep 19, 2022
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You can still use it to stake on exchanges like Binance. Stx will probably pump along with Bitcoin due to being part of the Bitcoin ordinals narrative. It has been happening for a while too.
Binance allows users to take their coins but I don't know if it is possible to Stake every coin on there but I will make a research on that
Binance is still trustworthy
 

eldavis

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Sep 4, 2022
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One thing about these tokens or altcoins is that when they are first introduced, they usually startup with a bang only for all the hype and worths to start going down as time goes on.
 
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