Crypto Aarav, a YouTube crypto creator with over 34,000 subscribers, is really excited about Onyxcoin (XCN). In his new video, he claims XCN could grow 100 times in value from where early buyers got in. He sounds confident about this token’s future, but let’s look at what he’s actually saying.
Aarav says he bought XCN at around $0.01 and saw his investment double in just two days. That’s pretty impressive if true. He shows viewers a chart where he points to $0.046 as the important price level to watch. If XCN breaks above this price, Aarav believes it could surge all the way to $1.00.
What’s interesting is how Aarav compares XCN to Ripple (XRP) from 2017. He mentions he invested in XRP about 8.5 years ago and feels the same excitement about Onyxcoin now. Remember that XRP once became the second biggest cryptocurrency, which is why this comparison gets attention.
What Makes XCN a Potential 100x Token?
So why does Aarav think XCN could grow so much? For starters, he points out that it’s already ranked around #82 by market cap, putting it in the top 100 cryptocurrencies. That’s not bad considering how many tokens exist nowadays.
Aarav also talks about what Onyxcoin actually does. He says it’s built for real financial applications like cross-border banking and payments. He stresses that he only invests in projects that solve real problems, suggesting XCN falls into this category.
There’s also something interesting about how XCN works. When people use the network, they pay fees in XCN tokens, and some of these tokens get burned (removed from circulation). This means that as more people use it, more tokens get burned while demand increases – potentially driving the price up.
Read Also: Should You Throw $1,000 Into Onyxcoin Right Now? XCN Price Forecast for the Next 30 Days
The biggest news, according to Aarav, is that XCN recently got listed on Binance’s futures market. He thinks if Binance adds spot trading for XCN, tons of money could flow in, potentially pushing the price toward his $1 target. Long-term, he thinks Onyxcoin could be worth $30-40 billion total, which would make it one of the top 30-40 cryptocurrencies.
For people thinking about buying XCN, Aarav suggests either buying when it dips to around $0.01, or waiting until it breaks above $0.046 and then jumping in. He does warn viewers not to buy at current prices if they missed the early opportunity – instead, they should wait for a better entry point.
Throughout the video, Aarav reminds viewers about the importance of learning before investing. He mentions he has a course about diversifying investments and says understanding the market basics should come before putting money into any crypto.
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