Onyxcoin (XCN) Price Explodes 300% This Week: Next Crypto Gem on Rise?

Onyxcoin (XCN) has skyrocketed by more than 300% in the past week alone and is predicted to move 10x, hitting a new peak this cycle.

Parth Dubey By Parth Dubey Marco T. Lanz Edited by Marco T. Lanz Updated 2 mins read
Onyxcoin (XCN) Price Explodes 300% This Week: Next Crypto Gem on Rise?
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Key Notes

  • Onyxcoin (XCN) has soared a monumental 300% in the past seven days, claiming a yearly high of $0.018 last week on Friday.
  • XCN is predicted to print 10x gains this cycle, trading between $0.10 and $0.18 in the near future.
  • Onyxcoin (XCN) is the native token of the Onyx Protocol, allowing holders to participate in governance, staking, and transactions.

Onyxcoin XCN $0.00896 24h volatility: 4.3% Market cap: $297.46 M Vol. 24h: $54.95 M , a prominent cryptocurrency in the digital asset space, has shot up a massive 311.22% in the last seven days. The capital flowing into the altcoin has skyrocketed as the cryptocurrency claimed a yearly high of $0.018 last week on Friday. Outperforming the other cryptocurrencies, XCN entered the top 200 and is now gaining rapidly against its competitors. 

While the altcoin is trading at a discount of 93.6% to its all-time high of $0.18 witnessed over three years ago in 2022, analysts expect the XCN token to continue the bullish momentum throughout 2025. According to a post on X (formerly Twitter) by an analyst on the social media platform, XCN probably will be trading between $0.10 and $0.18 in the coming days, almost a 10x gain for investors. The analyst sees another bull flag forming at the lower (.382) Fibonacci, as per a chart shared by them, which led to his bullish prediction for the altcoin. 

XCN Price Analysis

XCN price analysis based on the daily chart provided by TradingView below shows that the accumulation of the cryptocurrency has soared in the past few days. However, the gradient of the line suggests a slight pullback before the altcoin continues with its rally. 

Onyxcoin (XCN) price analysis

Source: TradingView

Further, the Relative Strength Index (RSI) for the XCN price action reads a value of 77.85, which means that the digital asset is currently overbought. Such levels are often followed by a slight correction in order to stabilize the prices. 

According to CoinMarketCap data, XCN currently trades at $0.0116 with a market cap of $359.21 million and a trading volume of $84.09 million. The majority of volume ($27 million) comes from American exchange Coinbase. 

What Is Onyxcoin (XCN)?

Onyxcoin (XCN) serves as the native token to the Onyx ecosystem, allowing holders to participate in transactions, staking, and governance activities. The blockchain protocol is focused on providing financial services to its users. The most prominent offering from the ecosystem is the Onyx Core, which allows users to deploy and operate blockchain networks using the protocol. 

According to a post on X, the Onyx Protocol dApp recently underwent an upgrade that now allows the digital asset protocol to support increased traffic and scale with demand. These improvements to the protocol’s performance and user experience signal potential growth in XCN token adoption.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Parth Dubey

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

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