The price of STX has exploded by a whopping 160% in just a week. Some experts believe it still has room to grow. Here's why.
Last UpdatedThe price of STX has exploded by a whopping 160% in just a week. Some experts believe it still has room to grow. Here’s why.One possible reason behind the significant surge could be the connection between the asset and one of the recent trends in the cryptocurrency space – the Bitcoin NFTs through the Ordinals protocol.
The network also enables digital asset ownership and is a necessary condition for people willing to trade ordinals on the Gamma marketplace. The venue offers a variety of bitcoin NFTs and is a social platform that brings together collectors and creators of such art. This is likely to be one of the main reasons for STX’s increase in price.
Coincidence or not, the price of the primary cryptocurrency has also gone into green territory ever since the ordinals entered the space. BTC now trades at around $24,000. Moreover, their emergence
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