XinFin (XDCE) surges by more than 25%, can it be next big crypto thing? - Global Coin Report
Connect with us

Altcoins

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

Published

on

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.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

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

Altcoins

3 Reasons Why WISE Token Could Be a Massive Winner in 2021

Published

on

WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

Continue Reading

Altcoins

Lotto Nation is Revolutionizing the Traditional Lottery Industry

Published

on

Lotto Nation

As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of this, there is essentially no oversight on what a lottery provider…

Continue Reading

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

Published

on

Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

Continue Reading

Press Release