Cryptocurrency Stacks's Price Increased More Than 9% Within 24 hours
Portfolio Pulse from Benzinga Insights
Stacks (CRYPTO: STX) has seen a significant price increase of 9.43% in the past 24 hours, reaching $1.92. Over the last week, STX has gained 30%, rising from $1.49. The coin's all-time high is $3.39. Trading volume surged by 877% over the past week, and the circulating supply increased by 0.18% to 1.43 billion, which is 78.72% of the max supply. Stacks is currently ranked #32 by market cap at $2.78 billion.
January 08, 2024 | 3:03 pm
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POSITIVE IMPACT
Stacks (STX) has experienced a 9.43% price increase over the past 24 hours and a 30% increase over the past week, with a significant rise in trading volume by 877% and a slight increase in circulating supply.
The substantial increase in price and trading volume for Stacks (STX) suggests a strong market interest, which could lead to continued short-term upward price pressure. The increase in circulating supply is relatively small and is unlikely to dampen the positive price momentum in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100