With the increasing adoption of blockchain technology in various industries, XDC Network can attract more users and investors. Based on these expert opinions, XDC Network can potentially deliver significant returns in the long term. However, as with any investment, conducting thorough research and considering the risks is crucial. To understand the future potential of XDC, it’s crucial to analyze its historical performance. XDC Network has experienced significant fluctuations in its price since its inception. After the token’s launch on Jan 29, 2018, on the Ethereum platform, over 4,564 wallets have acquired XDCE, with a recorded total of 147,181 successful token transactions to date.
- The primary objective of XinFin is to minimize global infrastructure deficit by enabling peer to peer financing between Governments, corporations, buyers and suppliers to make efficient use of capital and deploy projects.
- Coinlore provides original cryptocurrency/coin prices calculated by own algorithm, and other metrics such as markets, volumes, historical prices, charts, coin market caps, blockchain info, API, widgets and more.
- This will only make the coin move into the big league of cryptocurrencies.
- In a more bullish projection, with the crypto market expanding to $10 trillion, XDC’s value might skyrocket to an impressive $0.38, potentially yielding a 7x return for investors.
- XDC Network is unique compared to other cryptocurrencies as it offers a financial platform specifically designed for small to medium enterprises (SMEs).
XDC Network Aug 21, 2021 had the highest price, at that time trading at its all-time high of $0.1927. The table below illustrates the percentage of profitability based on the timing of the investment. XDC Network has been actively working on enhancing its ecosystem and expanding its partnerships. The project aims to provide user-friendly interaction and transparent transactions through its open-source DeFi protocol. Therefore, investors should exercise caution and conduct thorough research before making investment decisions.
XDC Network XDC
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. 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.
In this analysis, we will explore both a bullish and bearish scenario to offer a comprehensive outlook on XDC’s potential price movements. Cryptocurrency investors are always on the lookout for promising projects that have the potential to deliver significant returns. December is the best month, and June is the worst by analysing data of the last seven years. The 14-day relative strength index (RSI) is currently at 38.76, indicating Natural conditions in the market without being oversold or overbought. Similarly, the weekly chart’s relative strength index (RSI) is at 67.32, also indicating natural conditions in the market.
- To understand the future potential of XDC, it’s crucial to analyze its historical performance.
- The 14-day relative strength index (RSI) is currently at 38.76, indicating Natural conditions in the market without being oversold or overbought.
- With their expertise and vision, XDC Network has overcome numerous obstacles in the global trading and financial space, bringing together buyers, suppliers, financiers, trade unions, and banks on a peer-to-peer platform.
- A high market capitalization implies that the asset is highly valued by the market.
- Since then, the price of XDC has experienced some corrections and currently trades around $0.055.
- Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
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. XDC Network is unique compared to other cryptocurrencies as it offers a financial platform specifically designed for small to medium enterprises (SMEs). It allows SMEs to run their businesses more efficiently by replacing traditional banking practices with blockchain technology. XDC logs every financial transaction on the blockchain, ensuring security and automating various financial processes. Additionally, XDC coins and tokens are powered by XDC Network’s XDPoS consensus protocol, making them private instruments that are not subject to the same regulatory requirements as exchange traded funds or mutual funds.
With more than one year of experience in blockchain technology, Alan Lai currently serves as Blockchain Developer at UC Berkeley, one of the world’s top research universities. Alan who seeks to change the world with technology will be using his technological skills and knowledge to build blockchain applications on XDC protocol. His prowess with smart contracts and Solidity will bring immense value to XinFin Organization.
This means traders will reap the benefit of high volume and quick trades through multiple exchanges. Reddit is a popular platform where cryptocurrency communities often gather to discuss news, trends, and insights related to a particular coin. Analyzing Reddit stats can provide valuable insights into the community’s sentiment and engagement with a particular cryptocurrency.
XinFin Coin (XDCE) Rank 3435
Bollinger Bands are often used by traders to identify potential entry and exit points for a trade. When the price of an asset moves above the upper band, it may indicate that the asset is overbought and a sell signal. When the price falls below the lower band, it may indicate that the asset is oversold and a buy signal. This chart shows long-term XDCE crypto price prediction for the next several years 2025, 2030, and 2040. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other advice, and you should not treat any of the website’s content as such. Conduct thorough research, assess your risk tolerance, and consult with a financial advisor before making any investment decisions.
Kakkad is a serial tech entrepreneur with decades of experience in cloud computing. Khekade, a computer engineer by training, played the leading role at MonetaGo in creating the first permissioned blockchain network for a consortium of the most prominent Asian banks. A forthcoming upgrade to the consensus mechanism, dubbed XDC 2.0, is currently running on testnet. It and subsequent iterations of the XDC Network protocol will further enhance the security of the consensus mechanism and incorporate a novel “judiciary branch” into the consensus mechanism. XDC Protocol enables ISO compatible messaging for private and hybrid state, making it the language of core banking systems, ERP systems, SWIFT systems, and many more, with higher interoperability with legacy systems. Experience the power of decentralized applications (dApps) fueled by XDC.
Monthly performance data shows the change in price of a cryptocurrency month over month. Analyzing monthly performance data, can help to identify patterns, market cycles, and potential opportunities for buying or selling an asset. It is important to note, however, that past performance does not guarantee future results and that cryptocurrency prices are notoriously volatile, making accurate predictions difficult.
The Hybrid Blockchain platform maintains both public and private states and stores sensitive financial data in private state thereby making it enterprise ready for several business use cases. XinFin has four lines of solutions namely TradeFinex, Business Efficiency solutions, E-Wallets & Remittance and Private Sub-networks. A cryptocurrency enthusiast, Confidence has been educating people & spreading the adoption of Blockchain technology across African Continent. To understand XDC Network’s performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on XDC, check out our crypto insights page. The XDC Network is a blockchain network that offers a financial platform for small to medium enterprises (SMEs).
Whats is the next resistance level for XinFin Network?
However, conducting thorough research and considering the risks is important before making investment decisions. However, it’s worth noting that the cryptocurrency market is highly volatile, and unexpected events can significantly impact prices. Before diving into the price prediction, let’s first understand what XDC Network is all about.
XDC has a market cap of $774,631,428 and a circulating supply of 13,875,309,131 XDC; the trading volume for xdce price XDC is around $4,231,293. One such project is XDC Network (XDC), a hybrid blockchain that aims to revolutionize the trade and finance sectors globally. XDC Network (XDCE) currently ranks 97 among all known cryptocurrency assets. You can select some of above exchanges to buy XinFin Coin (XDCE) with USD, INR, CAD, EUR, GBP, RUB, etc.
Which coins are ISO 20022?
Top 8 ISO-20022 compliant coins. Eight crypto coins already meet the ISO 20022 standard: XRP, Stellar Lumens, XDC Network, Algorand, Iota, Hedera Hashgraph, Quant, and Cardano. Two of them—XRP and XLM— are also members of the ISO 20022 standardization body.
Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses. The highest price ever recorded for XDCE was $0.1892, which we consider to be a key level for the price of XinFin Network to potentially return to in the next bull run. However, our algorithmic prediction system suggests that the price may exceed this level and reach as high as $2.64 within the next ten years. Historically the price of XDCE last day of December was above the open price five times out of 7, and 2 out of 7 the price was lower than the price at the start of the month.
Can XDC reach $5?
Formerly XinFin Network, XDC Network provides a hybrid platform that merges the transparency that public blockchains are known for with the speed and security of private blockchains. Currently valued at around $0.046, this token has the potential to skyrocket to $5 with the solid features and use cases it offers.