2021-10-8 16:53 |
In this guide, we will voice our own and market’s opinion on STX future while discussing Stacks price forecast for 2022 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Stacks.
Now, let’s head into it. Before we delve deep into the Stacks price prediction and answer questions if STX is a good investment or not, why will STX succeed or fail or why will Stacks price rise or drop, let’s quickly throw a glance at what is STX and its to date history.
Stacks is a cryptocurrency project that seeks to unlock the full potential of the Bitcoin blockchain by bringing smart contracts and decentralized applications to Bitcoin. Originally known as Blockstack but rebranded to Stacks in 2020, the project was designed as a layer-1 solution that uses Bitcoin as its base layer. The platform is powered by the Stacks (STX) token, which fuels the execution of smart contracts, the processing of transactions, and the registration of new digital assets.
Stacks 2.0Stacks 2.0 is an upgraded innovation from the Stack team to bring secure apps and smart contracts to Bitcoin.
The Stacks 2.0 mainnet launch allows developers to utilize the Stacks protocol to build a user-owned internet on Bitcoin. The platform allows users to earn Bitcoins.
STX TokenThe STX token is the proprietary token of the Stacks Blockchain. Activities performed on the network rely on STX tokens.
STX tokens basically foster the execution of smart contracts on the Stacks network. The token functions as a tool to publish new smart contracts to the blockchain. It is also used for transaction processes such as paying fees and receiving rewards. The token follows the same successful trail with its blockchain network. It has attracted the interest of a significant number of users, especially users who crave Clarity smart contracts.
The token is available for trade at legal and leading cryptocurrency exchange companies.
STX Price Prediction For The Next 90 Days The whole crypto market is currently on the verge of a real bull run. There is no broader consensus as crypto analysts are divided as some of them are still calling this market a bull trap. Others, lead by famous on-chain experts like Will Clemente and Willy Woo, are calling this a preparation stage for a face-melting bull run. As always, bitcoin has the final say and altcoins will follow suit once the flag bearer decides the direction. Right now, Bitcoin is sucking the life out of altcoins but once it settles in the new price range, altcoins will start to pump - we have witnessed this scenario dozens of times in the distanced and more recent history. Our price prediction model is bullish for the next 90 days with a hint of a bear market at the turn of the year. We expect whales and other bigger players in the market to take their profits around that time which will cause a typical and sudden crypto crash. CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.Below is a tabular overview of how will STX develop in the short-term (for the next 90 days), according to our prediction model:
Quick reminder for crypto newcomers
Essential tools you need to succeed in crypto are a good exchange, safe hardware wallet and a reliable crypto tax tool.
If you plan to be a day trader, then a good charting tool and efficient trading bot are also a must.
If you plan to …
Essential tools you need to succeed in crypto are a good exchange, safe hardware wallet and a reliable crypto tax tool.
If you plan to be a day trader, then a good charting tool and efficient trading bot are also a must.
If you plan to be a holder, then why not put that crypto to work by borrowing it out on crypto lending platforms.
Below are our recommendations:
Exchange: Binance for highest liquidity and coin choice. Gate.io & KuCoin for gem hunters. ByBit for leveraged trading (Margex for really crazy leverages).
Safe hardware wallet: Ledger Nano X, Trezor or CoolWallet Pro.
Tax Tool: Koinly, Cointracking or ZenLedger.
Charting tools & bots: Bitsgap, Coinrule or Cryptohopper.
Lending platforms: BlockFi (for US residents), YouHodler (for EU and rest of the world).
Our prediction model sees a temporary switch to a bear market at the beginning of 2022 before we move onto another leg up in Q3 & Q4 of 2022.
STX Price Prediction 2025 – 2030 – 2040Our prediction model sees STX reaching new highs in 2025:
$ 7.14STX price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.
Read also:
Bitcoin SV Price PredictionUNUS SED LEO Price PredictionMaker Price PredictionArweave Price PredictionAmp Price PredictionTHORChain Price PredictionCelo Price PredictionVoyager Token Price PredictionCompound Coin Price PredictionAudius Price PredictionTheta Price PredictionThe post Stacks Price Prediction 2022 – 2025 – 2030 | STX Price Forecast appeared first on CaptainAltcoin.
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