Cryptocurrency Stacks's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Stacks (STX) saw a price increase of 3.92% in the last 24 hours to $2.5, despite a weekly loss of 4%. The coin's all-time high is $3.86. Trading volume decreased by 35% over the week, while circulating supply rose by 3.88% to 1.45 billion, making up 79.95% of its max supply. STX's market cap ranks it #29 at $3.63 billion.
April 19, 2024 | 7:02 pm
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Stacks (STX) experienced a 3.92% price increase to $2.5 over the last 24 hours, despite a weekly 4% loss. The trading volume has decreased by 35%, and the circulating supply has increased to 1.45 billion.
The price increase of STX despite a weekly loss indicates a potential short-term bullish sentiment among investors. The decrease in trading volume could suggest less selling pressure, while the increase in circulating supply might have been anticipated by the market, given the price increase. These factors combined suggest a positive short-term outlook for STXUSD.
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