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STX Coin price Prediction – The future of Stacks and the curiositie – Review and Chart 2022

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STX Coin Price Prediction 2024

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1 STX Coin ? What are 2 Stacks? 3 How do Stacks work? 4 How to buy STX Coin s?5 In 2021, NFT took the wind behind it6 One of the most preferred funds7 The future of STX

STX Coin ?

STX Coin is the cryptocurrency of the Stacks network. It serves to reward miners, execute smart contract transactions in the Stacks network. Apart from these, STX allows its holders to earn BitCoin through staking. The total supply of STX is capped at approximately 1.8 billion units. As of April 2022, 1.3 billion STX units are in circulation.

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Stacks; It is an open source network of decentralized applications and smart contracts integrated with BitCoin . Simultaneous Stacks and BitCoin networks allow smart contracts and decentralized applications to be modified without making changes to the BitCoin chain.

All smart contracts and digital assets produced within the ecosystem are powered by the BitCoin blockchain. Decentralized applications are open to everyone and can be developed by anyone. Every transaction that takes place is recorded on BitCoin

, which is arguably the most secure blockchain.

Muneeb Ali and Ryan Shea are the founders of Stacks, which is the first Coin approved by the Securities and Exchange Commission (SEC), the securities regulator in the USA. The center of the project is New York, USA. BlockstackStacks’ in formerly Blockstack

How does Stacks work?

The Stacks project allows its users to create smart contracts and DApps running on BitCoin . It allows the use of a smart contract software language called “Clarity” on the ecosystem. The use of smart contracts written in this software language, which means “Clarity” in Turkish, can be known for sure by looking at the code. The Clarity programming language also allows NFTs to be created. NFTs created this way are secured by BitCoin while being written on the Stacks blockchain.

Projects, companies and exchanges in the Stacks ecosystem

There are many decentralized applications (DApps) within the Stacks ecosystem.

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Decentralized finance (DeFi) tools, wallet applications, payment systems and many more products and services can be easily used within the ecosystem.

The feature that makes Stacks different from other first layer protocols is the Proof-of-Transfer (PoX) algorithm. is to use. This next-generation mining algorithm, which means “Proof of Transfer”, makes owning BitCoin enough to mine BitCoin . There are two sides to the algorithm: Stakers who lock STX in their wallets and earn BitCoin in return, and STX miners who spend BitCoin and earn STX Coin s in return.

STX Coin logo

Features such as using Proof of Transfer, simultaneous operation with the BitCoin chain, and making BitCoin programmable make the Stacks ecosystem stand out in the crypto world. As of April 1, 2022, STX Coin finds buyers at a price of $ 1.45. 693 million STX are locked in the system. This means that about half of the circulating supply of STX is locked.

Recognized by crypto investors for many years, STX Coin is open to trading on many different platforms. The leading ones of these are Binance, KuCoin ,, FTX.

It took the NFT wind behind it in 2021

Stacks was especially able to get the NFT wind of 2021 behind it. Many NFT collections have appeared on the network, some of which have been extremely successful. For example, the base price of the NFT collection called BitCoin Birds rose above $2,000 at one point. These NFTs were only $26 when they were released. Of course, the demand for NFTs at that time had a positive impact on the price of STX, and STX had a price increase of 90 percent in a short time.

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One of the most preferred funds

By the way, STX is among the most preferred projects of crypto money funds. According to research firm Messari, Stacks is the 7th most preferred project.

The future of STX

STX has a unique relationship with BitCoin . The positive course of BitCoin undoubtedly affects STX positively.

In addition, the developers of the Stacks network are intensely engaged with the participants of the project. The weekly meetings are open to all ecosystem participants. Finally, the network with a well-established system has completed its roadmap..

STX Coin Analysis

Using charts to analyze STX Coin Value is among the most common methods. You can have an idea about STX Coin by following the graphs. Our STX Coin Price Chart work has been prepared to answer the most frequently asked crypto questions.

STX Coin Value

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STX Coin Price Analysis

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