XCN News: Price Soars After Layer-3 Launch
Onyxcoin's Post-Layer-3 Launch Surge: A Balanced Perspective Onyxcoin (XCN), a cryptocurrency project, experienced a dramatic 43% price surge in a single day following the launch of its Layer-3 blockchain, the Onyx XCN Ledger. This surge propelled its market capitalization close to $1 billion, accompanied by a 20% increase in trading volume, reaching $434 million. Futures contracts also saw a notable 17% increase to $21 million. However, while this initial price action is impressive, a nuanced analysis reveals potential short-term corrections and underscores the importance of a long-term perspective on XCN's future....