Stacks co-founder Muneeb announced an increase of $10 million in positions and is optimistic about the Bitcoin L2 track!
On February 9, Stacks co-founder Muneeb revealed that he and his family office had increased their positions by $10 million in the Stacks ecosystem.
Muneeb emphasized that the BTC/STX ratio is currently comparable to that of 5 years ago, but Stacks' technology has reached a record high, and believes that the Bitcoin L2 ecosystem is ushering in important market opportunities.
Why is Stacks so popular?
The rise of the Bitcoin L2 track: As a smart contract platform for Bitcoin, Stacks is rapidly growing in interest in BTC L2 as the ecosystems such as Ordinals and BRC-20 expand.
Signal of institutional entry? As an early core figure of Stacks, Muneeb's personal and family office's large increase in positions may reflect the market's long-term optimism about the expansion of the BTC ecosystem.
The opportunity for BTC L2 has arrived. Can Stacks, as a pioneer, continue to explode? Wait and see!
