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bitcoin
Bitcoin (BTC) $ 64,872.38
ethereum
Ethereum (ETH) $ 3,506.57
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 586.35
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.489199
binance-usd
BUSD (BUSD) $ 0.944233
dogecoin
Dogecoin (DOGE) $ 0.124059
cardano
Cardano (ADA) $ 0.383448
solana
Solana (SOL) $ 133.43
matic-network
Polygon (MATIC) $ 0.572439
polkadot
Polkadot (DOT) $ 5.63
tron
TRON (TRX) $ 0.116643
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    Stacks (STX) surges as Bitcoin NFT hype grows, however its blockchain exercise raises concern

    Latest News

    Stacks is without doubt one of the first blockchains to allow a approach for minting (BTC) Ordinals, which places it in a superb place to learn from the hype. Nevertheless, Ordinals have invoked a difficulty from the previous the place Bitcoin maximalist ideologies shall be examined if the NFTs result in community congestion.

    On prime of that, Stacks has but to ship all of the functionalities required to help an NFT buying and selling ecosystem and it faces competitors from tasks in different blockchain ecosystems. The elemental and technical evaluation of the undertaking means that the value surge may need reached overbought circumstances and will right within the close to time period.

    Variety of ordinals inscribed on Bitcoin day by day. Supply: Dune
    Prime used dApps on Stacks between Jan. 28 and Feb. 27. Supply: DappRadar
    Gamma NFT market stats. Supply: DappRadar
    day by day worth chart. Supply: TradingView
    STX/USD weekly worth chart. Supply: TradingView

    Proceed Studying on Coin Telegraph

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