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Cryptocurrency News Articles

Elite Analyst Drops Shocking Onyxcoin Price Prediction: XCN Reaching $1 Could Be Closer Than You Think!

Mar 10, 2025 at 02:30 am

YouTube analyst Lee the Captain, who has more than 48,000 subscribers, remains positive about Onyxcoin (XCN). He still thinks it could reach $1

Elite Analyst Drops Shocking Onyxcoin Price Prediction: XCN Reaching $1 Could Be Closer Than You Think!

Elite Analyst Drops Shocking Onyxcoin Price Prediction: XCN Reaching $1 Could Be Closer Than You Think!

Onyxcoin (XCN) has piqued the interest of many crypto enthusiasts, especially with an elite analyst, recognized as Lee the Captain with over 48,000 subscribers on YouTube, setting his sights on an ambitious price target of $1 for the token.

The Captain, recognized for his in-depth market analysis, recently shared his perspective on Onyxcoin, highlighting the upcoming launch of Goliath—Onyx’s Layer 1 blockchain—as a key factor that could propel XCN to new highs.

The analyst acknowledged that XCN has shown resilience even without major developments being fully realized. He pointed to a recent price increase despite minimal details about Goliath, suggesting that the token has organic growth potential.

With the broader market sentiment currently subdued, the expert argues that once conditions improve, we could see stronger momentum in the Onyx token’s price movements.

Goliath, expected to launch its mainnet in the first quarter of 2026, is seen as a major catalyst for Onyxcoin. The analyst compared the situation to a runner competing in heavy boots—implying that once Goliath is fully operational, we could see XCN perform at a much higher level.

Comparing Onyxcoin to Ripple (XRP) and Stellar (XLM), the Captain noted that Onyx shares similarities with these blockchain networks, both focusing on cross-border payments and financial services.

The argument is that if XRP and XLM have sustained long-term value, then Onyxcoin’s price could follow a similar trajectory.

Moreover, the expert pointed out that Ripple’s market capitalization far exceeds XCN’s projected valuation at $1. With Onyxcoin’s current supply, a price of $1 would place its market cap at approximately $32.5 billion, which is considered feasible compared to leading cryptocurrencies in the same sector.

Discussing investment strategies, the analyst revealed a personal approach of dollar-cost averaging into XCN. Lee stated that he only allocates funds they would otherwise save, allowing them to remain emotionally detached from short-term price fluctuations.

While not providing financial advice, Lee suggested that some investors might view current price levels as an opportunity to accumulate Onyxcoin. He emphasized patience, reinforcing their belief that the market will eventually recover and that Onyxcoin’s long-term prospects remain strong.

The upcoming launch of Goliath is expected to shape the narrative around Onyxcoin in the coming months. As blockchain projects often gain momentum before major upgrades, the analyst believes that Goliath could significantly influence XCN’s price trajectory.

Lee also noted that market cycles tend to drive renewed interest in promising projects, further supporting Lee’s $1 target.

Despite uncertainties in the crypto space, the expert remains confident that Onyxcoin’s development roadmap could position it for sustained growth. As May, June, and July approach, they anticipate increased discussions around XCN, especially as the market sentiment improves.

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Other articles published on Mar 10, 2025