Stacks, The Layer 2 blockchain solution for bitcoin
There are so many crypto projects in the market that it is really confusing for a person to invest in one or two projects based on the research alone. If you will look at the market where people are praising Filecoin you will also find people sharing about the Arweave that is actually delivering the same thing to this world.
To make sure you do not end up getting trapped in FOMO make sure to stop looking at others and focus on the projects you are researching on. I am currently very positive about the STACKS as that is one of the initial layer 2 blockchain solution on bitcoin. It should perform good in the upcoming bull run just by the fact that it is working on bitcoin network.
You can consider this project to any other top L2 on Ethereum and you will find that it is still lagging behind them with a huge number in terms of market cap. It has a roadmap that you should definitely read to learn more about this project. Do not blindly follow youtubers as no one is your financial adviser.
You can see that the total supply of this coin is 1.82 Billion and approx 80% of the supply is already in the market. The remaining will get unlock over the period of next few years. There will be no major unlocking and the algorithm will be followed so these are the coins that will enter the market based on that.
I think that 15 billion dollars can be easily achieved by this coin in the upcoming bull run. I am going to buy this one below $1, there will be some crashes that will be seen in upcoming months but I will suggest anyone wanting to buy this to perfrom DCA on it and collect accordingly. Again make sure you do your own research as well.
Thank You
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I have some STX with me, Already good profit for me.
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