Cryptocurrency Stacks Surges Over 3% in Price in 24 Hours

15 views 2:10 pm 0 Comments May 16, 2024

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Stacks’s STX/USD price has surged by 3.92% in the last 24 hours to reach $2.5, showcasing a reversal from its downward trend of 4.0% over the previous week, transitioning from \(2.62 to its current value. Notably, the coin has achieved an all-time high of \)3.86.

Illustrated below is a comparison of Stacks’ price fluctuations and volatility within the past 24 hours (left) versus the preceding week (right). The Bollinger Bands depicted in gray signify the volatility levels during both the daily and weekly price shifts. A wider band or a larger gray area indicates heightened volatility at any specific point.

During the past week, the trading volume for the coin has dwindled by 35.0%, while the total circulating supply has expanded by 3.88% to surpass 1.45 billion. This places the current circulating supply at approximately 79.95% of its maximum supply, set at 1.82 billion. Presently, STX holds the #29 position in market cap rankings, valuing at $3.63 billion.

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