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hiCryptocurrency gains 10% during CLOCK. Bitcoin's "gift"
Stakes are up nearly 10%, and yes, it has something to do with Bitcoin's special position during these hours.
Bitcoin is having some very passionate days: pending transactions are at record highs, commissions are making miners rich again, and few people see a way out of this situation other than a sudden drop in interest in Inscription and BRC20 tokens. There is someone, other than miners, who will benefit from this situation, in a cyclical but parallel movement toward a flooded state of the Bitcoin network.
We are talking about Stacks' $STX, a protocol that is perhaps somewhat incorrectly defined as a sort of second tier for Bitcoin, which with every push in the world of ordinals, inscriptions and even "new" BRC20 tokens gains something in the market.
This time more than something: at the time of writing, Stacks is up nearly 10% over the prices of 24 hours ago, an increase that is doubly significant when one considers the bad day of Bitcoin and the rest of the sector.
Important Notice: The material provided is for informational purposes only and does not constitute investment advice. The Rao Cash editorial team is not responsible for your financial decisions. Cryptocurrency assets involve high risks — conduct your own research (DYOR).
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