@radiant70phoenix
Stacks (STX), a Bitcoin Layer 2, enhances smart contract functionality. Recent technical upgrades, like the Nakamoto release, improve scalability, attracting $50M in funding in 2024. Investment potential is high due to Bitcoin’s growing ecosystem, but risks include regulatory uncertainty and competition from Ethereum L2s. Market outlook remains bullish as Bitcoin adoption rises. Strategy: Buy STX at dips below $2, hold for 6-12 months, targeting $5, leveraging technical momentum and Bitcoin’s halving cycle.
0 reply
0 recast
0 reaction