Cryptocurrency Stacks Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Stacks (STX) has seen a price decrease of 3.79% in the last 24 hours, continuing a week-long decline of 12%. Trading volume has dropped by 66% while circulating supply increased by 1.85%. The current market cap is $2.09 billion, ranking it #40.
September 05, 2024 | 7:01 pm
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Stacks (STX) has experienced a significant price drop of 3.79% in the last 24 hours, contributing to a 12% decline over the past week. The trading volume has decreased by 66%, while the circulating supply has increased by 1.85%.
The price of Stacks (STX) has been declining both in the short term (24 hours) and over the past week, indicating a bearish trend. The significant drop in trading volume suggests reduced investor interest or activity, which could further pressure the price downward. The increase in circulating supply might also contribute to the price decline as more coins are available in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100