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STACKS PAY

DeFi

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<ul class="news-points">
 <li>Ben Armstrong has predicted the potential targets for STACKS (STX), Bitcoin’s DeFi network.</li>
 <li>According to Armstrong, STX could rally to $18, $50, or $112, depending on various factors.</li>
 <li>Armstrong thinks STACKS would claim a significant portion of Bitcoin’s Layer-2 market but not dominate it.</li>
</ul>
Ben Armstrong, a renowned cryptocurrency analyst, has predicted the potential targets for STACKS (STX), the Bitcoin <a href="https://coinedition.com/what-is-defi-lets-understand-decentralized-finance/" rel="noopener noreferrer nofollow">decentralized finance (DeFi)</a> network. Armstrong provided three potential price targets, depending on how the crypto market develops and how STX copes with imminent challenges.
In a recently uploaded <a href="https://www.youtube.com/watch?v=0bwLv8qSEqM" target="_blank" rel="noopener noreferrer nofollow">video</a>, Armstrong predicted STX will rally to at least $18 in the most bearish case, with a market cap of $26 billion. He believes a bearish STX outlook will depend on Bitcoin maxis starting another “war” by attacking the project. Otherwise, Armstrong thinks STX has a good chance of rallying to $112, with a market cap of around $169 billion. According to him, that is possible if STACKS becomes the undisputed Layer-2 network for Bitcoin.
Besides the two extreme situations highlighted by Armstrong, he thinks there is a higher possibility of STX settling som…
The post <a href="https://coinedition.com/bitcoins-defi-protocol-stacks-stx-could-rally-to-112-analyst/" rel="noopener noreferrer nofollow">Bitcoin’s DeFi Protocol, STACKS (STX) Could Rally to $112: Analyst</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin’s DeFi Protocol, STACKS (STX) Could Rally to $112: Analyst

Coin Edition

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