![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Onyxcoin (XCN) Price Soars 78% as U.S. CPI Inflation Falls Below 3%
Apr 11, 2025 at 09:15 pm
U.S. CPI inflation has fallen below 3% (a four-year first), started a strong market rally in stocks and crypto. Bitcoin rose over 2% following the news
U.S. CPI inflation has fallen below 3%, signaling a four-year first and sparking a strong market rally in stocks and crypto. Following the news, Bitcoin rose over 2%, with many altcoins moving higher as well.
One altcoin in particular, showed exceptional performance. After a long stretch of quiet trading and bearish sentiment, Onyxcoin (XCN) has made a comeback in recent days—delivering one of the most impressive rallies in the current crypto cycle. The token surged to a high of $0.023 on Friday, lifting its market capitalization to over $750 million.
Trading volume climbed sharply with the price, showing fresh investor interest. Year-to-date, XCN is up by 821%, including a 78% gain in the past 24 hours alone.
Why Is Onyxcoin (XCN) Rising?
Launched in 2022, XCN is quickly gaining traction with recent developments including an ambassador program, new partnerships, and ecosystem expansion.
The project is building out its ecosystem, planning the launch of Goliath, a Layer 1 blockchain designed for institutional use.
Related: Taxing Times in Ukraine: Crypto Cash-Outs Face 23%, Trading Exempt
According to Onyx, Goliath aims to process up to 24,000 transactions per second, rivaling legacy payment networks like Visa. The broader Onyx ecosystem also includes the XCN Ledger, a Layer 3 solution with a testnet scheduled for Q3 2025 and a mainnet launch in early 2026.
XCN Price Prediction
The recent rally has been one of the biggest in the market, with the price quickly breaking through important resistance levels—first at $0.015 and then above the $0.018 to $0.020 area. The next possible target zone is between $0.025 and $0.027. If trading volume stays high, the next likely price target is between $0.025 and $0.027 and if the momentum continues further, there’s a chance XCN could even retest the $0.035 level.
Related: Tariff Shock Reveals a Two-Tier Crypto Market: BTC vs Everyone Else?
Even with the recent run, XCN trades far below its all-time high value. The token’s peak market cap hit $7.41 billion, compared to about $750 million now—almost a 10x difference.
The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Bitcoin (BTC) Price Has "RICOcheted" Wildly as U.S. President Donald Trump's Barrage of Global Trade Tariffs Fuels a Dollar "Confidence Crisis"
- Apr 15, 2025 at 09:50 pm
- The bitcoin price has bounced back from lows of around $75,000 per bitcoin in early April (despite Michael Saylor's Strategy issuing a surprise bitcoin “sell” warning).
-
-
-
-
-
-
-
-