- Messari observed that STX has performed well in the Year-to-Date (YTD) category.
- STX’s circulating market cap decreased by 25.8% from $1.29B to $955M QoQ.
- Although the revenue dropped by 35.5% QoQ, Messari analyzed that Stacks still maintains a 105.5% YTD overall.
Sharing Stack’s second quarterly performance for 2023, Messari, a crypto market intelligence platform, observed that STX has performed well in the Year-to-Date (YTD) category, despite the slight pullback.
3/ $STX's circulating market cap declined by 25.8% QoQ, dropping from $1.29B to $955M, which was in contrast to the total crypto market cap's marginal increase of 0.4%. However, despite this Q2 pullback, STX's market cap is still up 53.3% YTD. pic.twitter.com/mOsAIApGOT— Messari (@MessariCrypto) July 25, 2023
The crypto market intelligence company observed that STX’s circulating market cap has decreased by 25.8% from $1.29 billion to $955 million based on the Quarter on Quarter (QoQ) time period. However, looking at the total crypto market cap, there was a marginal increase of 0.4% over time.
Based on the YTD category, STX, the native token of Stacks, still maintains the massive price…
The post STX’s MarketCap Holds Its Shape Despite PullBack in Q2’23: Reports appeared first on Coin Edition.
The post STX’s MarketCap Holds Its Shape Despite PullBack in Q2’23: Reports appeared first on Coin Edition.