Stacks

2024

Bitcoin

Coin

<p><span style="font-weight: 400;">The Stacks price rose 25% in the past 24 hours </span><a href="https://coinmarketcap.com/currencies/stacks/"><span style="font-weight: 400;">to trade at $3.1180</span></a><span style="font-weight: 400;"> as of 05:10 a.m. EST on trading volume that surged 475% to $612 million.</span></p> 
<p><span style="font-weight: 400;">This comes as the interest in Layer 2 Bitcoin grows, connected to their focus on Bitcoin ordinals. Stacks functions as a Layer 2 network for Bitcoin, offering features such as custom cryptocurrency issuance, liquid staking protocol, and a decentralized exchange.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Stacks (STX) price outperforms the market as interest in layer-2 Bitcoin grows</p> 
 <p>STX, the native token of the Stacks layer 1 smart contract platform focused on Bitcoin, has emerged as a top performer in the crypto market with a remarkable 400% rally since October 2023. This surge…</p> 
 <p>— Eliza Matthews (@ElizaMatth8803) <a href="https://twitter.com/ElizaMatth8803/status/1761926969665757447?ref_src=twsrc%5Etfw">February 26, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><span style="font-weight: 400;">Consequently,</span><span style="font-weight: 400;"> the upcoming Nakamoto Release upgrade, expected to occur before the Bitcoin halving in April, is already sparking an increase in user interest. The user interest may have a positive effect on the STX price.&nbsp;</span></p> 
<h2 id="span-style-font-weight-400-stacks-price-bullish-trades-above-the-upper-boundary-of-the-ascending-triangle-span"><span style="font-weight: 400;">Stacks Price Bullish, Trades Above The Upper Boundary Of The Ascending Triangle</span></h2> 
<figure id="attachment_484138" aria-describedby="caption-attachment-484138" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="size-full wp-image-484138" src="https://insidebitcoins.com/wp-content/uploads/2024/02/STXUSDT_2024-02-27_13-10-22.png" alt="Stacks Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/STXUSDT_2024-02-27_13-10-22.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/02/STXUSDT_2024-02-27_13-10-22-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/STXUSDT_2024-02-27_13-10-22-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/STXUSDT_2024-02-27_13-10-22-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-484138" class="wp-caption-text">
  STXUSD Chart Analysis Source: Tradingview.com
 </figcaption>
</figure> 
<p><span style="font-weight: 400;">From the start of the year, the Stacks price has been in a consolidation phase within the $1.5 range. However, the bulls have shown resilience, driving the price up gradually from the beginning of February, before hitting the $2.8 resistance.</span></p> 
<p><span style="font-weight: 400;">Stacks price is currently trading above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the bullish sentiments. The 50-day SMA is trading above the 200-day SMA, forming a golden cross at $1.57, signaling a continuation of the bullish momentum.</span></p> 
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) is trading above the 70-overbought region at 77, an indication of intense buying pressure.</span></p> 
<p><img decoding="async" class="alignnone size-full wp-image-484139" src="https://insidebitcoins.com/wp-content/uploads/2024/02/STX-MACD.png" alt="STX MACD" width="1260" height="254" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/STX-MACD.png 1260w, https://insidebitcoins.com/wp-content/uploads/2024/02/STX-MACD-300x60.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/STX-MACD-1024x206.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/STX-MACD-768x155.png 768w" sizes="(max-width: 1260px) 100vw, 1260px"></p> 
<p><span style="font-weight: 400;">Furthermore, the Moving Average Convergence Divergence (MACD) affirms the bullish prospects for STX’s price, as the moving average line (blue) crosses the signal line (orange). This represents a bullish crossover, encouraging investors to buy more, further supporting the sentiments of a looming bullish rally.</span></p> 
<p><span style="font-weight: 400;">The green bars on the histogram extend above the zero line, an indication of a general positive momentum. Additionally, the Stochastic Oscillator 14 3 3 line (green) is crossing above the trigger line (orange), a confirmation of a bullish moving average crossover, which indicates an incoming bullish trend.</span></p> 
<h2 id="span-style-font-weight-400-stacks-price-prediction-span"><span style="font-weight: 400;">Stacks Price Prediction</span></h2> 
<p><span style="font-weight: 400;">The Stacks price analysis indicates bullish prospects for the BTC price, evident from the price breaking out of the ascending triangle’s upper boundary. The bulls are aiming to drive the price to $3.78, representing a 21.63% increase.</span></p> 
<p><span style="font-weight: 400;">In an inverse scenario, the bears may take control of the price, which may pave the way for a slight retrace back to the next support zone at $2.5, within the lower boundary of the ascending triangle pattern.</span></p> 
<p><span style="font-weight: 400;">Meanwhile, investors looking to make over 25X returns on investment are rushing to buy Frogwifhat, a new meme coin that is taking on Bonk, WIF and Myro.</span></p> 
<h2 id="span-style-font-weight-400-frogwifhat-meme-coin-soars-226-on-uniswap-upon-launch-25x-growth-potential-span"><span style="font-weight: 400;">Frogwifhat Meme Coin Soars 226% on Uniswap Upon Launch, 25X Growth Potential&nbsp;</span></h2> 
<p><a href="https://insidebitcoins.com/visit/frogwifhat" rel="nofollow"><span style="font-weight: 400;">Frogwifhat</span></a><span style="font-weight: 400;"> has emerged as a popular meme coin in the cryptocurrency world, captivating users with its unique blend of internet favorites: frogs and hats.</span></p> 
<p><span style="font-weight: 400;"> Embodying the pinnacle of French high fashion, the Frogwifhat proudly showcases its haute couture flair, always accompanied by a baguette to underscore its deep-rooted French heritage.&nbsp;</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Le Frog Wif Hat, the epitomé of French meme culture… 🥖</p> 
 <p>1️⃣ Light first extremely long cigarette of the day<br>2️⃣ Put on beret<br>3️⃣ Swear at some Americans</p> 
 <p>C’est simple comme bonjour 🐸🎩<a href="https://twitter.com/hashtag/FrogWifHat?src=hash&amp;ref_src=twsrc%5Etfw">#FrogWifHat</a> <a href="https://twitter.com/hashtag/FWIF?src=hash&amp;ref_src=twsrc%5Etfw">#FWIF</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Alts?src=hash&amp;ref_src=twsrc%5Etfw">#Alts</a> <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw">#MemeCoin</a> <a href="https://twitter.com/hashtag/PEPE?src=hash&amp;ref_src=twsrc%5Etfw">#PEPE</a> <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw">#DOGE</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw">#Web3</a> <a href="https://t.co/D1qCUwEXz3">pic.twitter.com/D1qCUwEXz3</a></p> 
 <p>— Frogwifhat (@Frogwifhat_coin) <a href="https://twitter.com/Frogwifhat_coin/status/1762286952773005402?ref_src=twsrc%5Etfw">February 27, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 id="b-did-the-developers-behind-dogwifhat-and-bonk-also-create-frogwifhat-b"><b>Did the Developers Behind Dogwifhat And Bonk Also Create Frogwifhat?</b></h2> 
<p><a href="https://insidebitcoins.com/visit/frogwifhat" rel="nofollow"><span style="font-weight: 400;">The Frogwifhat (FWIF) website</span></a><span style="font-weight: 400;"> clearly indicates that FWIF aims to replicate the achievements of other meme coins such as Dogwifhat, Bonk, and Smog. Additionally, there is</span><span style="font-weight: 400;"> speculation suggesting that the individuals who founded FWIF could also be responsible for the success of the previously mentioned meme coins.</span></p> 
<p><a href="https://insidebitcoins.com/visit/frogwifhat" rel="nofollow"><span style="font-weight: 400;">Frogwifhat</span></a><span style="font-weight: 400;">, currently <a href="https://twitter.com/Frogwifhat_coin/status/1762436753871528041?s=20">trending</a> at number 3 on Dexscreener, has seen remarkable growth. It surged 226% on Uniswap shortly after launch.&nbsp;</span></p> 
<p><span style="font-weight: 400;">The project, currently anchored on the Ethereum blockchain, is eyeing expansion into the Solana network to broaden its horizons. To facilitate this shift towards a multichain framework, it is utilizing portalbridge.com.&nbsp;</span></p> 
<p><span style="font-weight: 400;">This move coincides with Solana experiencing a surge in meme coin launches that include Smog, MYRO, BONK, and Dogwifhat. These coins have significantly bolstered its activity and attracted traders in pursuit of substantial profits.</span></p> 
<p><span style="font-weight: 400;">YouTuber and crypto analyst Zach Humphries predicts that Frogwifhat will mirror Smog’s impressive growth. He confidently expects a further 25X increase for FWIF.</span></p> 
<p><iframe title="MEME COIN ALERT! BRAND NEW LAUNCH HOURS AGO!" width="640" height="360" src="https://www.youtube.com/embed/cLuzLIqGSJ4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p> 
<p><span style="font-weight: 400;">You can buy FWIF on the </span><a href="https://insidebitcoins.com/visit/frogwifhat" rel="nofollow"><span style="font-weight: 400;">official website</span></a><span style="font-weight: 400;">.</span></p> 
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2> 
<ul> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/crypto-presales-worth-pros-cons-you-need-know-calsona-5aeye"><span style="font-weight: 400;">🚀💰 Are Crypto Presales Worth It? The Pros and Cons You Need to Know! 💸🤔</span></a></li> 
 <li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">&nbsp;</span><a href="https://www.linkedin.com/pulse/bitcoin-price-prediction-experts-forecast-bullish-trends-calsona-o1vue"><span style="font-weight: 400;">🚀 Bitcoin Price Prediction: Experts Forecast Bullish Trends for 2024 📈💰</span></a></li> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/buy-cryptocurrency/most-trending-cryptocurrency/"><span style="font-weight: 400;">10+ Most Trending Cryptocurrency Projects to Buy In 2024</span></a></li> 
</ul> 
<div class="inContentProviderSingle inContentColor--insidebitcoins fc-row"> 
 <div class="inContentProviderSingle--wrapper"> 
  <div class="container"> 
   <div class="row mb-lg-3"> 
    <div class="col-12 col-md-8"> 
     <p class="inContentProviderSingle--title">New Crypto Mining Platform - Bitcoin Minetrix</p> 
    </div> 
    <div class="col-12 col-md-4"> 
     <div class="inContentProviderSingle--rating"> 
      <div class="rating--holder"> 
       <p class="rating--text">Rating</p> 
       <div class="rating--star-container"> 
        <div class="rating--star" style="width: 100%;"></div> 
       </div> 
      </div> 
     </div> 
    </div> 
   </div> 
   <div class="row">  
    <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"> 
     <img decoding="async" class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60"> 
    </div> 
    <div class="col-12 col-md-8"> 
     <ul class="inContentProviderSingle--list"> 
      <li>Audited By Coinsult</li> 
      <li>Decentralized, Secure Cloud Mining</li> 
      <li>Earn Free Bitcoin Daily</li> 
      <li>Native Token On Presale Now - BTCMTX</li> 
      <li>Staking Rewards - Over 50% APY</li> 
     </ul> 
    </div>  
    <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"> 
     <img decoding="async" class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60"> 
    </div> 
   </div> 
   <div class="row"> 
    <div class="col-12 text-center"> 
     <div class="inContentProviderSingle--button"> <a href="https://insidebitcoins.com/visit/bitcoinminetrix" title="Start Trading" rel="nofollow">Learn More</a> 
     </div> 
     <div class="inContentProviderSingle--disclaimerText"> 
     </div> 
    </div> 
   </div> 
  </div> 
 </div> 
</div>

Stacks Price Prediction: STX Surges 25%, But Experts Eye This New Solana Meme Coin That’s Taking On BONK, WIF, AND MYRO

목차

Inside Bitcoins

2024년 2월 27일에 게재된 다른 기사

XREX Plays Key Role in Taiwan’s Fraud Combat: Scammed Crypto Assets Returned Without Known Defendant

OKX officially launches in Türkiye with OKX TR

Shiba Inu Sheds A Zero As Burn Rate Soars 60% Amid SHIB ETF Hype

Learn How to Safest Convert Euros into Bitcoin

Why Did This Crypto Exchange Withdraw its Hong Kong License Application?

El Salvador Inaugurates Educational Initiatives Financed by Bitcoin Gains

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!