XinFin Network’s native cryptocurrency, XDC, has taken the cryptocurrency market by storm with an impressive rally that has lasted for five consecutive days.
Based in Singapore, XDC has surged to its highest value since January 2022, showcasing a remarkable price increase of over 300% from its monthly low of $0.03 to an impressive $0.08.
Amidst a backdrop of a slight 1.88% decline in the global cryptocurrency market, XDC Network stands out as a shining example of resilience and strength.
Defying its prolonged bearish trend, XDC has experienced consistent upward momentum, presenting a stark contrast to major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), which witnessed declines of 1.68% and 1.27% respectively during the same period.
In the past 24 hours alone, XDC’s price has surged by an impressive 35.54%, propelling the cryptocurrency to reach the notable $0.8 mark.
This dramatic surge has positioned XDC at the forefront of the crypto market’s top gainers, as evident from CoinMarketCap data.
As of the time of writing, XDC Network is trading at $0.86, accompanied by a robust 24-hour trading volume exceeding $27.9 million, marking a significant uptick of 37%.
A closer look at the daily chart showcases an evident bullish trend for XDC, with the token decisively breaking through the crucial resistance level at $0.065.
