Stacks price surges 11% as new 99Bitcoins token receives backing from analysts

Cryptocurrency investors are excited after Stacks (STX) surged 11% in the past 24 hours.

This increase comes after Stacks announced a high-profile partnership that has the potential to massively improve network security.

Meanwhile, a new player has entered the scene, 99Bitcoins Token (99BTC), and is gaining traction after receiving endorsements from two prominent cryptocurrency analysts.

STX surges above $1.60 on massive spot trading volumes

Stacks has recovered since yesterday and is Now trading at $1.66.

This rally has taken STX to the top. List of CoinMarketCap winnersattracting the attention of traders and investors.

STX spot volumes also soared 130% to $170 million.

This is a clear sign of growing speculative interest in the token.

But what is driving this sudden surge?

The answer lies in a recent announcement that has sparked interest in the crypto community.

Earlier this week, Stacks revealed An important partnership with Hypernative, a leading real-time threat detection and response platform.

This partnership aims to strengthen security across the entire Stacks ecosystem, from its core protocol to the projects that build on it.

The collaboration between Stacks and Hypernative couldn't have come at a better time.

With the former gearing up for launch in 2024 with Nakamoto promising faster speeds and more secure transactions, this strategic move has boosted confidence among investors.

What is Stacks and what's all the fuss about it?

So what is it Batteries?

Stacks is like a bridge between bitcoin and the world of smart contracts.

Imagine bitcoin as a secure vault and Stacks as the key that unlocks its potential.

Here's how it works: While bitcoin is great for storing value, it's not designed for complex transactions or dApps.

That's where Stacks comes in.

It is a separate blockchain that can communicate with bitcoin, allowing developers to create smart contracts and dApps that take advantage of bitcoin's massive network.

It offers investors and developers the best of both worlds.

With Stacks, developers could create a DeFi application that uses btc as collateral, or an nft marketplace backed by bitcoin’s reputation.

It is opening up a new playing field for developers while maintaining its roots in the bitcoin ecosystem.

The native STX token is at the heart of the Stacks blockchain.

It is used to pay for transactions, execute smart contracts, and participate in network governance.

STX holders can also “stack” their tokens, locking them up to earn bitcoin rewards.

This unique feature further ties Stacks to the bitcoin network.

99Bitcoins token goes viral as Learn-to-Earn project hits $2.3M in pre-sale

But it's not just Stacks that's performing well this week.

The new Learn to Win project 99Bitcoins token It's also drawing attention as it just surpassed the $2.3 million mark in its pre-sale phase.

During this presale, early investors can purchase 99BTC, the project's native token, for just $0.00113.

However, that price will only last for four more days.

Thanks to the phased setup of the presale, the price of 99 btc increases over time, encouraging investors to participate early.

This is one of the key factors behind the initial success of 99Bitcoins Token.

But the project involves much more than just a low symbolic price.

Most importantly, 99Bitcoins Token will offer a way for cryptocurrency investors to earn rewards simply for learning about Web3 topics.

As detailed in the project White paperInvestors who complete quizzes, tutorials and courses will earn 99 btc tokens.

These tokens can then be bet – with estimated returns of 704% per year.

Unsurprisingly, this double-win setup has caught the attention of some of the biggest names in the crypto world.

Cryptocurrency EarningsAn analyst with a YouTube channel that has 135,000 subscribers recently posted a video about the 99Bitcoins token.

He was full of praise, speculating that the price of 99BTC could rise after its listing.

And crypto Gains' endorsement was backed by a fellow analyst. Michael Wrubelwho also reviewed 99BTC in a YouTube video.

These two recognitions have increased the buzz surrounding the project.

So while Stacks may be getting most of the attention, 99Bitcoins Token is also getting people excited.

Visit the 99Bitcoins token pre-sale

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