Following the comments of the famous US venture capital investor Tim Draper, Stacks Network’s native token STX experienced a significant increase.
Famous billionaire Tim Draper in an interview with CoinBureau, US Securities and Exchange Commission (SEC) He stated that he is very excited about Stacks, the only altcoin approved by . Stacks, Bitcoin (BTC) designed to enable smart contracts on layer-2 network. Given Draper’s interest in Bitcoin Stacks investment It seems quite logical.
Tim Draper stated the following in the interview:
Many of the tools I’ve invested in are things that have started to bring important applications to Bitcoin. For this reason, I think this is an interesting trend and we think it will go the way Microsoft did.
According to CoinGecko data, Tim Draper’s statements brought about a huge rise in STX. STX, $1.18 at levels 32% with rise for $1.56 reaching up to in bitcoin With the minor correction made while writing 1.44 to the dollar declined.
Tim Draper previously for Bitcoin 250 thousand dollars He gave a price target but constantly moved the dates forward. Billionaire last 2 years 250 thousand dollars He stated that it could be seen.