Here’s Why Onyxcoin (XCN) Price Skyrockets 800% In Weeks

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Onyxcoin (XCN) Price Sees No Signs of Stopping

Reasons Why Onyxcoin Saw Massive Gains

The Onyxcoin (XCN) price has seen a massive 800% rally in just two weeks, extending the monthly rally to nearly 2000%. The primary reason behind this uptrend is the resolution of the long-standing issue with HTX Global and Justin Sun. The OIP-51 proposal was deployed, making it possible for XCN to break free from the shackles of the dispute.

Onyxcoin (XCN) Price Sees No Signs of Stopping

Onyxcoin (XCN) has extended its rally to nearly 2000% in a month after an 800% surge in its price in just two weeks. The current price of XCN is $0.0467, up over 70% in the last 24 hours. The 24-hour low and high are $0.0263 and $0.04839, respectively.

Trading Volume Jumps

The trading volume has jumped immensely over the last week, with a 98% further jump in the past 24 hours. Notably, the trading volume increased to $1.60 billion today from just $100 million a week ago.

Onyxcoin (XCN) Takes the Lead

XCN has even taken over XRP, SOL, and even BTC in trading volume on Coinbase in the last 24 hours. Coinbase tops other crypto exchanges for XCN trading volumes, recording 38% of market share in terms of volumes.

Futures Open Interest Sees a Massive Jump

Furthermore, Onyxcoin (XCN) futures open interest also saw a 45% massive jump over the last 24 hours. According to Coinglass data, Bybit saw a 46% increase in XCN futures open interest, signaling a price rise further.

Conclusion

The Onyxcoin (XCN) price is expected to continue its upward trend, supported by the resolution of the long-standing issue with HTX Global and Justin Sun. The massive rally in the past few weeks is a testament to the growing popularity of the cryptocurrency and its potential for future growth.

FAQs

Q: What is the current price of Onyxcoin (XCN)?
A: The current price of Onyxcoin (XCN) is $0.0467, up over 70% in the last 24 hours.

Q: What is the trading volume of Onyxcoin (XCN) on Coinbase?
A: Onyxcoin (XCN) trading volume on Coinbase is currently 38% of the total market share.

Q: What is the reason behind the massive rally in Onyxcoin (XCN) price?
A: The primary reason behind the massive rally in Onyxcoin (XCN) price is the resolution of the long-standing issue with HTX Global and Justin Sun.

Q: Is there any speculation about the future price of Onyxcoin (XCN)?
A: According to Coinglass data, Bybit saw a 46% increase in XCN futures open interest, signaling a price rise further.

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