XCN crypto, also known as Onyxcoin, has surged to a remarkable 149% in the past 24 hours and nearly 400% in the past week. Currently trading at $0.029, XCN is believed by some traders to reach up to $0.08 or even $0.10 within the next month. Analysts predict significant growth, with one estimate suggesting a potential 10x return for traders.
XCN, part of the Onyx ecosystem, serves as a decentralized governance and utility token. Its holders can participate in transactions, stake, and governance activities while benefiting from discounted Chain.com services up to 75%. The token has seen its market cap rise by over $1.3 billion within the past day, driven by strong trading activity mostly on Coinbase, which contributed 37.42% of total volume.
With a circulating supply exceeding 48 billion tokens and availability on Ethereum, XCN is poised for further growth. Recent updates include the completion of protocol upgrades enhancing traffic and scalability, alongside the announcement of an AI tool for smart contract developers set to benefit XCN holders.
While past gains have been impressive—nearly 1,195% in the last 30 days and nearly twice that in a year—traders remain cautious about future fluctuations. The ongoing bull run in cryptocurrencies continues to support XCN’s upward trajectory. Stay tuned as this rapidly evolving ecosystem delivers more exciting updates!
Source: https://crypto.news/xcn-crypto-rises-nearly-150-what-is-xcn