Stacks (STX) Soars 26% After Endorsement From Tim Draper
Stacks (STX) rises again on the back of kind words from Tim Draper, who claims innovation in the crypto industry is consolidating around Bitcoin.
Keep up with what's happening in the crypto world in real-time.
Stacks (STX) rises again on the back of kind words from Tim Draper, who claims innovation in the crypto industry is consolidating around Bitcoin.
Stacks [STX], the native token of Stacks Network, rose by 25% on Wednesday on the back of praise from legendary investor Tim Draper.
With bitcoin leading the way, the vast majority of altcoins are making some excellent daily gains. Stacks (STX) and Injective Protocol (INJ) are among the top altcoin performers.
Crypto Price Prediction: The crypto market currently continues its corrective phase following its recent rally initiated in mid-October. This phase is crucial for buyers to gather momentum for the next upward move.
While most cryptocurrencies kicked off the week in the red, Stacks (STX), a leading Bitcoin scaling solution posted gains.
Investors are sifting through the noise to identify gems that are likely to significantly breakout ahead of Christmas and New Year celebrations. Bitcoin (BTC) and Ethereum (ETH) stand out as the most stable investments in a crypto portfolio, select best-performing top altcoins could be the game changer, considering the gains posted by Ethereum Express (ETH), Bonk (BONK) and
Stacks Price Prediction: While the majority of major cryptocurrencies are struggling in uncertainty, the Stacks price showed a strong bounceback from the combined support of $0.87 and the recently breached triangle. In a week, the coin price has rallied 35% to currently trade at the $1.17 mark.
Stacks has given investors a reason to cheer amidst the ongoing market volatility.
Although the market is experiencing an enormous pullback from its month-long rally, a few outliers continue on their upward march. Stacks (STX) is one of the few altcoins that stemmed the bearish tide and even went against the grain of the market.
Crypto Price Prediction: The cryptocurrency market is currently undergoing a correction phase, with most major coins trading in the red today. The market leader Bitcoin, experienced a 1.5% decline, settling at $40,668.
Starting the week on a highly bullish note, the STX price shows a sharp jump of 8.98%. The Stacks crypto finds immense bullish momentum and increases the anticipations around a swing high breakout and a new 52-week high formation.
Bitcoin layer for smart contracts Stacks recording a massive increase in the number of transactions in the last few hours, similar to the Bitcoin blockchain amid Ordinals inscriptions activity. Today, the Stacks block 132,377 contained 10,371 transactions, the highest ever transaction count in a block in Stacks history.
As the star crypto gained momentum, the whole crypto space followed in its footsteps and recorded significant price jumps. On the other hand, the dominance of altcoins is on the rise, indicating an increase in funds inflow in the crypto industry.
Crypto summer is just around the corner, and these undervalued cryptos to buy in December will help you hit the bull run running.
Bitcoin bulls could make a strong push to get BTC through the $45,000 resistance this week. Will UNI, OP, TIA and STX follow?
This week saw massive price surges for both new meme coins riding viral hype and established platforms pushing crypto utility, with the top 10 weekly gainers rising anywhere from 33% to as much as 206% over the last 7 days.
A widely followed crypto analyst is detailing his outlook on three altcoins, one of which he says could skyrocket in the coming months.
Amidst Bitcoin's impressive climb beyond the $44,000 mark, a ripple effect is being witnessed across the cryptocurrency spectrum, breathing new life into several altcoins. Notably, Stacks (STX), a Bitcoin DeFi token, has emerged as a standout performer amidst this recent surge.
The transition from November to December has been bullish for the crypto market. Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, have both seen substantial inflows and double-digit gains in the last fortnight, propelling them to multi-month highs.
In the turbulent world of cryptocurrency, recent days have seen a fascinating rollercoaster ride of market movements. Bitcoin, the leading cryptocurrency, made a striking surge to $42,400, marking a significant milestone not witnessed in over 19 months.
Story Highlights The live price of Stacks is . The Stacks price is expected to reach a high of $2.0 by the end of 2023. With a potential surge, the price may achieve a top of $9.21 by the year 2030.
The crypto market is again showing resilience and amid the fluctuations, the best crypto to buy on December 5 are Stacks (STX), Conflux (CFX), and ORDI. Addressing the recent bull market, the whole crypto market has experienced a major price gap between the top 100 and top 200 tokens.
Aside from STX, the other notable gainers from the mid-cap alts include Conflux, ORDI, and Flow.
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.