Could Onyxcoin Become the Next Stellar (XLM)? Expert Says Yes, Makes Bold XCN Price Prediction
Onyxcoin (XCN) is piquing interest among market observers, with analyst Lee the Captain highlighting its potential in a video analysis. He compares XCN to top payment-focused cryptocurrencies, suggesting it could follow a path similar to Stellar (XLM).
He believes the token could see major price growth, possibly reaching $1 in the current bull market. While XCN remains relatively under the radar, its positioning in the payment sector could drive future adoption. However, challenges such as low visibility and adoption may impact its trajectory.
What you'll learn 👉
XCN’s Position Among Payment Cryptos
Lee the captain categorizes Onyxcoin alongside second-tier payment cryptos such as XDC and Stellar (XLM), while Ripple (XRP) dominates the top tier.
Moreover, he questions why XCN cannot emerge as a recognized player in the sector, highlighting that alternative choices exist for investors. Comparing XCN’s role to XRP and XLM, he describes the decision as similar to choosing between Pizza Hut and Domino’s—different brands offering a similar product.
The analyst notes that many investors holding XRP and XLM are open to exploring alternatives. As a result, Onyxcoin could benefit from increased interest among crypto traders seeking exposure to different payment-focused assets. While XCN operates in the same space, it has yet to gain the prominence of its competitors.
Several factors could contribute to XCN’s future growth, according to the expert. Market positioning places Onyxcoin within the financial services sector, comparable to Ripple and Stellar.
Additionally, speculative interest remains a key driver, with investors frequently shifting between trending projects. The analyst argues that exchange listings, community strength, and branding often outweigh fundamentals in crypto markets.
Besides, he compares XCN’s potential to memecoins like PEPE, which gained traction due to speculative hype. While Onyxcoin lacks mainstream adoption, he suggests that many successful projects have followed a similar path.
Investors prioritize a project’s future possibilities rather than its current state, making XCN’s long-term outlook significant.
XCN Price Predictions and Market Outlook
Lee presents an optimistic outlook on XCN’s price trajectory, citing historical crypto market trends.
He explains how price increases often accelerate once key milestones are reached. Using ADA as an example, he notes that gradual growth can lead to rapid price movements once momentum builds.
According to the analyst, XCN could follow a progression from $0.10 to $0.20, then $0.50, and eventually $1. At a $1 price point, XCN’s market cap would still remain below XRP’s $100 billion valuation.
He argues that such a price target is realistic, given the market’s size and demand. However, he acknowledges that speculative hype will play a crucial role in determining whether XCN achieves this milestone. At press time, XCN trades at $0.01567, up about 2% in the last day.
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Challenges Facing Onyxcoin
Despite Lee’s bullish stance, he acknowledges several challenges for XCN. Adoption remains low, and the Onyx team does not frequently promote partnerships or ecosystem developments. He’s a firm believer that while the basics of a cryptocurrency matter, it’s often the buzz, new exchange listings, and an active community that really push the price up.
Moreover, he’s all about playing the long game, recommending a steady approach like dollar-cost averaging—putting in a little bit at a time instead of trying to guess the perfect moment to jump in. His advice? Keep stacking up XCN regularly to set yourself up for possible wins down the road.
He’s got his eye on 2025 as a big year for altcoins, and that’s part of why he’s optimistic about Onyxcoin. It’s not yet in the same league as heavyweights like XRP or XLM, but Lee thinks its place in the market, growing interest from investors, and a bit of speculation could lift it higher.
Whether XCN reaches $1 remains uncertain, but its trajectory will depend on adoption, exchange listings, and the broader crypto market’s performance.
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