STX rose almost 100% today, from $1.07 to $1.94. It is currently $1.50.
If you do not know what Stacks is, it is an L1 blockchain with an integrated Bitcoin bridge. So, it is basically a Bitcoin L2 that enables DeFi, NFTs, apps, and smart contracts for Bitcoin.
I have been stacking STX for about a year, earning 8 percent APR by staking.
The big news, today, was that $165 million was contributed to the Bitcoin Odyssey fund to fund new projects built on Stacks. This includes Metaverse, play-to-earn gaming, DeFi, NFTs, DAOs, and also CityCoins.
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