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Stacks (STX) surges as Bitcoin NFT hype grows, but its blockchain activity raises concern

On top of that, Stacks has yet to deliver all the functionalities required to support an NFT trading ecosystem and it faces competition from projects in other blockchain ecosystems. The fundamental and technical analysis of the project suggests that the price surge might have reached overbought conditions and may correct in the near term.

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Source: Cryptocurrency - investing.com

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