Bitcoin (BTC) Famous billionaire Tim Draper, who was talked about with his $ 250,000 estimate for altcoin gave the name.
Speaking to YouTube channel CoinBureau, Tim Draper said that Bitcoin-based altcoin is the only Bitcoin-based altcoin approved by the SEC. Stacks (STX) He said he was excited about it.
Draper stated that Stacks, which was launched in January 2021, is one of the projects aiming to bring important applications to Bitcoin and that due to its relevance to BTC STXHe expressed interest in .
“Most of the things I invested in were projects that started porting important applications to Bitcoin.
“At this point, I think these projects are a very interesting trend and they will progress like Microsoft did.”
Following Tim Draper’s statements, Stacks co-founder Muneeb Ali said: “Tim Draper is a legendary investor and seeing him get excited about Stacks and Bitcoin L2s made my day” said.
Rising after Tim Draper’s statements STXhas increased by around 25% in the last 24 hours.
STX, which was traded at approximately $ 1.17, rose to $ 1.56 after the statements. At the time of writing, it continues to trade at $1.48.
*This is not investment advice.
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