2021 was a massive year for network activity, so naturally protocol innovation and growth followed suit. Perps found true PMF, DEXs continued to launch new primitives, and stablecoins continued to excel. Currencies that are positively correlated with XinFin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with XinFin, a move in one direction for XinFin would translate into a move in the opposite direction for the negatively correlated coin. Atul Khekade is a skilled computer engineer and programmer who establishes new technology companies and provides funding for emerging platforms on XDC. He was instrumental in the development of MonetaGo, a financial technology firm that works to combat online fraud.
- Just like with any other asset, the price action of XinFin is driven by supply and demand.
- This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic XinFin prediction.
- It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite.
- When trying to make a XinFin forecast, many traders also try to monitor the activity of XDCE “whales”, which are entities and individuals that control large amounts of XDCE.
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. A high market capitalization implies that the asset is highly valued by the market. Releasing an ERC20 token has a wide array of benefits for traders, private investors and institutional level partners. When trying to make a XinFin forecast, many traders also try to monitor the activity of XDCE “whales”, which are entities and individuals that control large amounts of XDCE. Since the XinFin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on XinFin’s price movements.
What was the price at ICO?
It allows for the deployment of layer 2 digital assets (via Origin), and employs sharding to process transactions faster (over 2000 transactions per second). The table above shows the number of days which XinFin closed above a certain price level. If you are planning to trade crypto, please consult a financial adviser.
- Since the XinFin market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on XinFin’s price movements.
- Moving averages are a lagging indicator which means they are based on previous price action.
- Users need XDC tokens to process transactions and pay gas fees on XDC.
- If you are planning to trade crypto, please consult a financial adviser.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. According to our historical data, it is currently profitable to invest in XinFin. The price of XinFin decreased by 0.00% in the last 1 year, while the coin’s 3-year performance is 1,212.41%.
XDCE Price & Market Stats
XDCE has a circulating supply of 12.31B coins and a max supply of 0.00 XDCE. Use advanced charts to maximise your opportunities when buying and selling XinFin Network. Track
patterns and trends to better
understand the movements in the price of XinFin Network and the direction of cryptocurrency markets. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 737 exchanges. CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap.
XDC Price Chart
Analyzing Reddit stats can provide valuable insights into the community’s sentiment and engagement with a particular cryptocurrency. XDC Network (XDCE) currently ranks 97 among all known cryptocurrency assets. Users need XDC tokens to process transactions and pay gas fees on XDC. They can stake their tokens and receive XDC rewards in exchange for processing transactions and contributing to the network’s security. Decentralized applications, or dApps, developed on the platform use XDC as a utility token as well. The platform is an open-source hybrid blockchain for global trade and finance.
XDC Network news
Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. Investors should conduct their own research and analysis before making any investment decisions. You should also be aware of the potential for loss, and only invest what you can afford to lose. When the year started, the market was fatigued from the https://cryptolisting.org/blog/how-do-the-current-ratio-and-quick-ratio-differ damage of the FTX collapse, as well as a barrage of macroeconomic, geopolitical, and regulatory events. However, crypto continued to surprise to the upside throughout 2023 with the tailwind of upcoming spot BTC and ETH ETFs, as well as breakthroughs in infrastructure. Currently, the XinFin Fear & Greed Index stands at 65, which means that investors’ sentiment is in the so-called Greed zone.
XinFin is a Blockchain technology company focused on international trade and finance. We have developed a highly scalable, secure, permissioned and commercial grade Blockchain architecture. They use blockchain and IoT to enable the transaction of community driven digital asset. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. XinFin traders use a variety of tools to try and determine the direction in which the XDCE market is likely to head next.
To see more analysis and outlook, please check the XinFin Network price prediction page. Just like with any other asset, the price action of XinFin is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of XDCE. The market capitalization of XinFin can change significantly in a short period of time.
Get latest crypto prices, predictions,
news, and historical data for Bitcoin and thousands of altcoins. Moving averages are among the most popular XinFin price prediction tools. As the name suggests, a moving average provides the average closing price for XDCE over a selected time frame, which is divided into a number of periods of the same length.
For example, a 12-day simple moving average for XDCE is a sum of XDCE’s closing prices over the last 12 days which is then divided by 12. Moving averages are a popular indicator in all financial markets. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action.
In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic XinFin prediction. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including XinFin. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels.
What is the XinFin price prediction for 2025?
Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. Reddit is a popular platform where cryptocurrency communities often gather to discuss news, trends, and insights related to a particular coin.