Stacks price plunges hard after rallying 70% in a day — more STX losses ahead?

Stacks price plunges hard after rallying 70% in a day — more STX losses ahead?

The massive move upside appeared as a $165 million fund is launched by OKcoin to build apps on the Bitcoin blockchain using Stacks. Stacks (STX) pared a considerable portion of the gains it made on March 10 as the euphoria surrounding its $165 million pledge to support Bitcoin (BTC) projects showed signs of fading.STX's price dropped by over 30% to reach a level as low as $1.33 on Friday when measured from its week-to-date high of $1.94. The selloff, in part, appeared technical as the $1.94-top fell in the same range that served as solid support between October 2021 and January 2022, only....


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