Onyxcoin (XCN) may offer better investment potential than Bitcoin (BTC), according to analyst Lee the Captain. In a YouTube analysis, Lee compared XCN’s upside potential and fundamentals against Bitcoin, emphasizing its ability to deliver higher returns.
While Bitcoin remains the leading cryptocurrency, the analyst argues its massive market cap limits its future growth. In contrast, XCN’s price and market dynamics present a more attractive opportunity for investors. The analysis suggests that Onyxcoin’s utility and projected gains make it a compelling option in the current bull run.
Related: Buying Onyxcoin (XCN) Could Be Better Than Stellar (XLM): Here’s Why
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XCN’s Upside Potential vs. Bitcoin’s Growth Limitations
Lee the Captain highlighted Onyxcoin’s ability to achieve gains compared to Bitcoin. Given historical patterns in the cryptocurrency industry, he pointed out that if XCN achieves $0.25, its market capitalization might surpass $8 billion.
Bitcoin would need to achieve a $40 trillion market valuation—which is unlikely to occur anytime soon—to see a comparable 20x growth.
Other altcoins, such as Dogecoin and Binance Coin (BNB), have previously reached substantial valuations, making XCN’s projected market cap more feasible.
Onyxcoin’s Fundamentals and Market Use Case
Beyond price speculation, the analyst pointed to Onyxcoin’s fundamental strength.
XCN serves as the native token of the Onyx Protocol, a decentralized blockchain infrastructure designed to enhance financial services. He compared the function of XCN to that of XDC, XRP, and XLM, which concentrate on international trade and financial activities.
“When you take a look at XCN, otherwise known as Onyxcoin, it’s designed to improve financial services,” the analyst explained. He argued that Bitcoin, while an important store of value, lacks the versatility of XCN and other financial-centric altcoins.
Read also: Could ONDO Hit $3 Soon? ONDO Price Prediction
Bitcoin’s Limited Use Case in Comparison
Although Bitcoin remains dominant in the crypto space, Lee the Captain noted its lack of dynamic applications. He noted that Bitcoin’s supply cap of 21 million is often cited as a rarity factor, yet other tokens, such as Quant (QNT) with a supply of 14.6 million, are even scarcer.
“Bitcoin is amazing… but it can’t reach those great heights, especially during this bull run,” he remarked, suggesting that investors should look beyond Bitcoin for better short-term opportunities. The analyst outlined a practical investment philosophy, focusing on assets with solid fundamentals and strong upside potential.
He discouraged high-risk micro-cap investments promising extreme gains, instead favoring projects like Onyxcoin that offer measurable growth potential without extreme volatility.
“My goal is to look for something that has a good hypothetical upside but isn’t a micro-cap or a dinosaur,” he shared, highlighting that Onyxcoin provides a balance between opportunity and stability.
Conclusion
Lee the Captain expressed confidence that XCN could reach $0.25 in the current bull market, outperforming Bitcoin in percentage gains.
He concluded that Onyxcoin’s price dynamics, strong fundamentals, and real-world use case make it a superior investment choice in the short term. “Seeing XCN reach the price of $0.25 during this bull run wouldn’t surprise me whatsoever,” he stated, reinforcing his bullish stance on Onyxcoin’s future performance.
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