Crypto News

XDC Token Rockets 300% to Achieve One-Year High

XDC token Soars 300% to Reach Annual Peak

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.

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Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.