{"id":526342,"date":"2023-04-11T04:23:01","date_gmt":"2023-04-11T04:23:01","guid":{"rendered":"https:\/\/uniquehot.com\/?p=526342"},"modified":"2023-04-11T04:23:01","modified_gmt":"2023-04-11T04:23:01","slug":"stacks-stx-makes-10-price-spike","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/stacks-stx-makes-10-price-spike\/","title":{"rendered":"Stacks (STX) Pulls Ahead Of Top 50 Altcoins With 10% Price Spike"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Stacks, the blockchain platform that promises to bring smart contracts to Bitcoin, has outperformed most altcoins in the top 50 roster in the market today. While other cryptocurrencies struggled to make significant gains yesterday, the tables have turned today as Stacks&#8217; native token rises to new heights.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This spike in value has left many investors wondering if Stacks is poised to become the next big thing in the world of blockchain technology.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/bitcoin-price-poised-to-hit-50000\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts<\/a><\/div>\n<h2><strong>STX Price Rallies In Last 7 Days<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">The price of STX at <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/stacks\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Coingecko<\/span><\/a><span style=\"font-weight: 400\"> has bounced back strong, rallying 10% in just 24 hours. The current price of $0.843249 per token indicates a renewed interest in this cryptocurrency. In the last week, STX has proven its resilience, maintaining a 9% run to lead other major altcoins.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As investors and traders keep a close eye on the market, <\/span><span style=\"font-weight: 400\">STX&#8217;s sudden surge<\/span><span style=\"font-weight: 400\"> may be a sign that it is once again a viable investment opportunity. Whether this trend will continue, however, remains to be seen.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-526343 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/STX-price.png?resize=1143%2C59\" alt=\"\" width=\"1143\" height=\"59\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/STX-price.png?w=1143 1143w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/STX-price.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/STX-price.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/STX-price.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/STX-price.png?w=1140 1140w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/STX-price.png?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre style=\"text-align: center\">Source: Coingecko<\/pre>\n<p><span style=\"font-weight: 400\">Meanwhile, Ethereum has gained 1.5% in value and is currently trading at $1,860. Last week, the second-largest cryptocurrency hit a peak price of over $1,950, which was the highest it has been in eight months.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-526345 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/a-31.png?resize=743%2C79\" alt=\"\" width=\"743\" height=\"79\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/a-31.png?w=743 743w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/a-31.png?w=460 460w\" sizes=\"(max-width: 743px) 100vw, 743px\"><\/p>\n<pre style=\"text-align: center\">Source: Coingecko<\/pre>\n<p><span style=\"font-weight: 400\">Additionally, altcoins such as Avalanche, Cardano, Dogecoin, Litecoin, MATIC, Polkadot, Ripple, Shiba Inu, Solana, and Tron have all experienced slight gains above 1%.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Although LDO performed poorly yesterday, it has since rebounded and is now sitting at $2.42 after a 4.4% increase in value today.<\/span><\/p>\n<h2><strong>STX Bullish Perception Prevails Despite Some Bearish Sentiment<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">The current perception of STX is generally positive, with a bullish tendency prevailing among investors. According to a recent assessment by <\/span><a href=\"https:\/\/lunarcrush.com\/coins\/stx\/stacks?interval=1d&amp;metric=close%2Csocial_score%2Csocial_dominance\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">LunarCrush<\/span><\/a><span style=\"font-weight: 400\">, there was a 95% increase in bullish sentiment between 2 April and the time of the analysis. This indicates a strong interest in the token and its potential for growth.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, there was also an increase in bearish sentiment towards STX during the same period, with a growing number of posts expressing cynicism about the token&#8217;s future prospects. This suggests that while many investors are optimistic about STX, others are more cautious.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/jVzAlfFz\/\" width=\"2047\" height=\"979\"><\/p>\n<pre style=\"text-align: center\">STX total market cap now at $1.3 billion on the daily chart at <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/is-bitcoin-price-headed-for-a-correction\/?swcfpc=1\" target=\"_blank\" rel=\"noopener \">Is Bitcoin Price Headed For A Correction Or A Breakout From $28,000?<\/a><\/div>\n<p><span style=\"font-weight: 400\">In addition to its price action, STX has also seen significant growth in its Total Value Locked (TVL), which measures the amount of unique smart contract deposits in a protocol. However, the rapid increase in TVL has slowed down since 25 March.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite this, STX remains a top choice among traders, as evidenced by its 24-hour 230% rise in trading volume. This high volume indicates significant buying and selling activity, highlighting the token&#8217;s attractiveness to investors.<\/span><\/p>\n<p><em>-Featured image from Kraken Blog<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stacks, the blockchain platform that promises to bring smart contracts to Bitcoin, has outperformed most altcoins in the top 50 roster in the market today. While other cryptocurrencies struggled to make significant gains yesterday, the tables have turned today as Stacks&#8217; native token rises to new heights.\u00a0 This spike in value has left many investors wondering if Stacks is poised to become the next big thing in the world of blockchain technology. Related Reading: Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts STX Price Rallies In Last 7 Days The price of STX at Coingecko has bounced back strong, rallying 10% in just 24 hours. The current price of $0.843249 per token indicates a renewed interest in this cryptocurrency. In the last week, STX has proven its resilience, maintaining a 9% run to lead other major altcoins. As investors and traders keep a close eye on the market, STX&#8217;s sudden surge may be a sign that it is once again a viable investment opportunity. Whether this trend will continue, however, remains to be seen. Source: Coingecko Meanwhile, Ethereum has gained 1.5% in value and is currently trading at $1,860. Last week, the second-largest cryptocurrency hit a peak price of over $1,950, which was the highest it has been in eight months.\u00a0 Source: Coingecko Additionally, altcoins such as Avalanche, Cardano, Dogecoin, Litecoin, MATIC, Polkadot, Ripple, Shiba Inu, Solana, and Tron have all experienced slight gains above 1%.\u00a0 Although LDO performed poorly yesterday, it has since rebounded and is now sitting at $2.42 after a 4.4% increase in value today. STX Bullish Perception Prevails Despite Some Bearish Sentiment The current perception of STX is generally positive, with a bullish tendency prevailing among investors. According to a recent assessment by LunarCrush, there was a 95% increase in bullish sentiment between 2 April and the time of the analysis. This indicates a strong interest in the token and its potential for growth. However, there was also an increase in bearish sentiment towards STX during the same period, with a growing number of posts expressing cynicism about the token&#8217;s future prospects. This suggests that while many investors are optimistic about STX, others are more cautious. STX total market cap now at $1.3 billion on the daily chart at TradingView.com Related Reading: Is Bitcoin Price Headed For A Correction Or A Breakout From $28,000? In addition to its price action, STX has also seen significant growth in its Total Value Locked (TVL), which measures the amount of unique smart contract deposits in a protocol. However, the rapid increase in TVL has slowed down since 25 March. Despite this, STX remains a top choice among traders, as evidenced by its 24-hour 230% rise in trading volume. This high volume indicates significant buying and selling activity, highlighting the token&#8217;s attractiveness to investors. -Featured image from Kraken Blog<\/p>\n","protected":false},"author":557,"featured_media":526346,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[4735,83786,87914],"class_list":["post-526342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-price-action","tag-stacks","tag-stx-price"],"acf":[],"yoast_head":"\n<title>Stacks (STX) Pulls Ahead Of Top 50 Altcoins With 10% Price Spike<\/title>\n<meta name=\"description\" content=\"Stacks, the blockchain platform that promises to bring smart contracts to Bitcoin, has outperformed most altcoins in the top 50 roster in the market\" \/>\n<meta name=\"robots\" content=\"index, follow, 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Stacks (STX) Pulls Ahead Of Top 50 Altcoins With 10% Price Spike","url":"http:\/\/uniquehot.com\/news\/stacks-stx-makes-10-price-spike\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/stacks-stx-makes-10-price-spike\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/a-32.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/a-32.png?fit=728%2C332"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["price action","stacks","stx price"],"dateCreated":"2023-04-11T04:23:01Z","datePublished":"2023-04-11T04:23:01Z","dateModified":"2023-04-11T04:23:01Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Stacks (STX) Pulls Ahead Of Top 50 Altcoins With 10% Price Spike\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/stacks-stx-makes-10-price-spike\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/stacks-stx-makes-10-price-spike\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-32.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-32.png?fit=728%2C332\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"price action\",\"stacks\",\"stx price\"],\"dateCreated\":\"2023-04-11T04:23:01Z\",\"datePublished\":\"2023-04-11T04:23:01Z\",\"dateModified\":\"2023-04-11T04:23:01Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/a-32.png?fit=728%2C332","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/526342"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=526342"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/526342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/526346"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=526342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=526342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=526342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}