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XinFin (XDCE) surges by more than 25%, can it be next big crypto thing?

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XDCE

If you’re a crypto investor, slowly but steadily you must have realized that the market is changing. Unlike in 2017 where the market was entirely booming, and an investor didn’t require any skill to make money. Back then, you could literally buy anything as long as it’s blockchain and be assured of making money.

Currently, things are different to some extent. As an investor, you need to make some informed research to make money by investing in crypto with fundamental value. Therefore, talking from that fundamental perspective, infrastructure type tokens or simply utility tokens stand a chance to be the next big story in town, XinFin (XDCE) looks to be the one. We came across this token just today and thought why not shed some light on it.

The Current State of XDCE

Even though XDCE has a short span in the market, it has achieved a lot than what many of the established public blockchains have achieved. For instance, XDCE traded 42% higher against the U.S. dollar in the past week and an astonishing 28% in the last 24 hours.

The past 24 hours has seen about $$905,489 worth of XinFin tokens being traded on exchanges. Currently, the total market cap of XDCE is $9,198,847 which implies that it’s only on the rise to the top (yes, it’s still very low, but the journey suggests the coin is growing).

The price of XDCE currently stands at $0.002382 or simply 0.00000037 BTC. Users can trade it on cryptocurrency exchanges such as Mercatox, IDEX, Bancor network, TOPBTC, and COSS. As things stand, XDCE is on the rise and has started to attract some attention, and with the momentum, it’s gaining, the common question in most people’s mouths is whether XinFin is the next giant crypto.

What Makes XinFin Better Placed

XinFin isn’t the only utility token in the market, in fact, Ethereum is one of the best in the current market and has performed exceptionally well. However, XDCE has a higher potential for future gains as it is a hybrid blockchain when compared to Ethereum which is public.

It looks to be a much better option for large corporations that look to develop applications on the blockchain, all thanks to its hybrid blockchain which makes data security securer. It helps the corporations to mast those transactions with confidential information as well as allowing them to be verified on a public blockchain.

XDCE is making significant moves that are attracting several exchange listings. This will only make the coin move into the big league of cryptocurrencies. Undoubtedly, there are only a few cryptos that match XDCE’s fundamentals in the current market, and as we can observe the surge of XinFin by 25% in the past day, it seems like XDCE is after nothing but only the top spot.

Since the cryptocurrency stands at 372 concerning market cap, many would laugh at the idea that it can even make it to top 50 anytime soon. But it can. Fair to say it’s currently undervalued with all the partnerships already gained and the adoption rate it’s seen so far.

As things stand, it’s probably a matter of time before XDCE takes the bragging rights in the crypto market. As like anything in crypto, we are not certain as yet that it’d be the next big thing here but considering its recent strides, the crypto is at least worth keeping an eye on.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Claudia14/PixaBay

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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