Is a 100x Surge Still Possible for Onyxcoin (XCN)? XCN Price Prediction

Crypto Aarav, a YouTube crypto creator with over 34000 subscribers, is really excited about Onyxcoin (XCN).

Crypto Aarav, a YouTube creator focused on cryptocurrency content, has become known for his bold predictions and detailed analyses. With over 34,000 subscribers on his channel, Aarav recently shared his thoughts on Onyxcoin (XCN), a token he believes could still rise 100x in this bull run.

As Aarav explains in his latest video, he bought XCN at around $0.01 earlier this year, and within two days, he saw his investment double. This rapid return is what sparks his excitement about the token’s potential for substantial gains.

In the video, Aarav highlights a crucial price level for XCN, which he identifies as $0.046. If this level is breached, he anticipates a surge that could propel XCN all the way to $1.

To put this potential move in perspective, Aarav compares it to Ripple (XRP) from 2017, when the token became the second-largest cryptocurrency. Having invested in XRP about 8.5 years ago, Aarav feels a similar excitement about Onyxcoin now.

What Makes XCN a Potential 100x Token?

Aarav attributes XCN’s potential for a 100x surge to several factors. Firstly, he notes that XCN is already ranked around #82 by market cap, placing it firmly within the top 100 cryptocurrencies, even with the vast number of tokens in the market today.

Furthermore, Aarav explains that Onyxcoin is designed for real financial applications, such as cross-border banking and payments, which aligns with his investment strategy of focusing on projects that solve problems.

One interesting aspect of XCN is its token burning mechanism. As people use the network and pay fees in XCN, a portion of these tokens are burned, effectively removing them from circulation. This increases demand for the remaining tokens while reducing supply, potentially driving the price upward.

The biggest news, according to Aarav, is that XCN has recently been listed on Binance’s futures market. He believes that if Binance adds spot trading for XCN, a significant amount of money could pour into the token, paving the way for a surge toward his $1 target.

In the long term, Aarav thinks Onyxcoin could reach a total value of $30-40 billion, which would position it among the top 30-40 cryptocurrencies.

For those interested in buying XCN, Aarav suggests either waiting for a dip to around $0.01 or aiming for a breakout above $0.046. However, he cautions against buying at current prices if the early opportunity has been missed, as it's best to wait for a better entry point.

Throughout the video, Aarav emphasizes the importance of learning before investing. He mentions having a course about diversifying investments and the essentials of the crypto market, which he believes are crucial for success in any investment journey.

News data source: kdj.com

The above is the detailed content of Is a 100x Surge Still Possible for Onyxcoin (XCN)? XCN Price Prediction. For more information, please follow other related articles on the PHP Chinese website!