Stacks (STX) Drops 15% Despite Continuous On-Chain Developments – Details

Quick Summary:

Despite 95% of circulated NFTs now being deemed worthless by a recent report, Megapont’s dedication to its community might spark interest in NFTs within the Bitcoin L2 ecosystem.STXCUSD trading at $1.51 on the 24-hour chart: TradingView.com Another development that will support Stacks in the long term is the second cohort of grants for community-voted programs on-chain.

Let’s celebrate a mega upgrade for Stacks! 🧡 And who better to celebrate with than something truly mega… Welcome back, @MegapontNFT! Orange List: pic.twitter.com/Z46xH5g1QL — stacks.btc (@Stacks) September 2, 2024 The project released Nakapack, a 5,000-strong NFT collection to be given out to the Stacks community.

NFTs And Financial Grants Back On The Menu For Stacks On a recent X post, Megapont was revealed to be Stacks’s September 3 surprise for the celebration of the upcoming mainnet release of the Nakamoto upgrade.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: STX Stacks Cryptocurrency Market News Digital currency Altcoins Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 16:30:15 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 447 words

Reading Time: 3 minutes read

Sentences: 69 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 22351941

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