These 5 Altcoins Bore the Brunt of This Week's Crypto Market Collapse
These five altcoins decreased the most from the entire cryptocurrency market last week: STX, AGIX, MINA, RNDR and DASH.
Keep up with what's happening in the crypto world in real-time.
These five altcoins decreased the most from the entire cryptocurrency market last week: STX, AGIX, MINA, RNDR and DASH.
The world's largest crypto exchange Binance on Thursday announced it has added Conflux, Stacks, and TerraClassicUSD trading pairs amid rising demand for these cryptocurrencies. According to a announcement on March 9, Binance will open trading for new pairs of Conflux (CFX), Stacks (STX), and TerraClassicUSD (USTC).
Stacks (STX) is now painted in red following weeks of impressive performance, outranking other cryptocurrencies in the top 100 list of crypto market trackers CoinMarketCap and Coingecko. At the time of writing, STX was trading at $0.6589, down nearly 36% in the last seven days.
Nowadays, achieving the slightest percentage gain amid the crypto market-wide reproach seems like a noble fit. The fear in the market has caused a rise in volatility with strained investor sentiment, making it nearly impossible for digital coins to raise their head.
BTC price is attempting to stage a recovery, while EOS, STX, IMX and MKR are beginning to flash bullish signals.
Crypto price today Mar 5th: the crypto market seems to be extending its correction phase that started in February 2023. As a result, the market leaders and numerous altcoins faced further downfall, maximizing the pain of short-term holders.
Stop! And listen up! Each month sees new opportunities in the crypto space.
Ordinals' non-fungible tokens (NFT) have the potential to push Stacks Network's STX into a billion-dollar token, Matrixport said in a recent research report. The firm's Head of Research and Strategy Markus Thielen joins "First Mover" to discuss and weigh in on the hype around Ordinals protocol.
Stacks (STX) is among the weekly gainers as top coins prices, like Bitcoin and Ethereum, surrender to the ongoing onslaught in the crypto market. Currently, only a few are sustaining their weekly and monthly gains.
Stacks, a layer-2 protocol linked to Bitcoin, has vaulted to a top spot among this week's best-performing digital assets
The price of Stacks' native STX token has doubled in two weeks as prominent crypto investment funds turn to tokens of the so-called layer 2 companion chain for smart contracts focused on Bitcoin. Stacks co-founder Muneeb Ali discusses STX token's performance and his take on the Bitcoin Ordinals movement.
Prominent crypto investment funds are turning to tokens of the Stacks Network as they bet on the growth of Bitcoin. Demand for Stack's STX tokens has increased since the arrival of the Ordinals protocol, which went live on Jan. 21 and allows users to inscribe references to digital art into small transactions on the Bitcoin blockchain.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 1, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Stacks keep climbing, with yet another double-digit surge that drove it to above $1 for the first time since April last year.
Switching from Stacks (STX) and Cardano (ADA) to Collateral Network (COLT) can be a beneficial move for investors. Both STX and ADA are popular cryptocurrencies, but Collateral Network (COLT) is making waves during the public presale as it is set to see 3500% returns for early investors.
Stacks's STX token was the biggest winner among 160 assets in the CoinDesk Market Index, soaring 216% during the month.
The possibility of hosting Bitcoin NFTs on Stacks pushed STX price to new yearly highs, but there are concerns on whether the bullish thesis becomes reality.
Despite Bitcoin's muted monthly performance, STX, SSV, CFX, AGIX and GRT surged higher, likely because of popular market narratives.
Looking for the next big thing in crypto? Check out the nonstop rally of Stacks (STX), Tezos (XTZ), and TMS Network (TMSN).
STX, the native token of the Stacks network, is the only cryptocurrency that has resisted the assault that has devastated the broader crypto market on February 28. The majority of currencies have been covered in red.
The value of Stacks [STX], a token related to the Bitcoin [BTC] ordinals NFT, surged 27.40%, according to data from CoinMarketCap.
Stacks' use of Bitcoin-compatible smart contracts has positioned it to take advantage of the hype surrounding Ordinals.
One of the hottest altcoins on the crypto market may have more room to run, according to a closely followed trader.
Despite an aggressive downfall in the crypto market last week, the Stacks coin price managed to sustain at higher chart levels, indicating the buying pressure is intense. Defying the correction phase, market leaders bitcoin and Ethereum, the STX price showed a slow yet steady rally.