Stacks Token Jumps 27% on Draper's Bullish Forecast of Bitcoin and Web3 Platform
• Stacks (STX) token soars 27% after positive comments from investor Tim Draper • Stacks is a layer 2 network for enabling smart contracts on Bitcoin • Draper predicts Bitcoin will hit $250,000 by 2025 and is excited about Stacks • Capital locked on Stacks has risen from $7M to $50M since the start of 2022 • The STX token began 2022 at $0.21 and now trades around $1.48, its highest since February