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The crypto market’s been pretty quiet this weekend. So we thought we’d ask AI what it thinks about two hot altcoins that everyone’s talking about – XCN and Solaxy’s SOLX. Let’s see what they might be worth in a couple of months.
What you'll learn 👉
What is XCN?
XCN is the main token behind the Onyx Protocol, a DeFi platform running on Ethereum. Think of it as a place where people can lend and borrow different crypto assets. What’s cool about it is that you can use NFTs as collateral – something that’s still pretty rare in DeFi.
If you hold XCN tokens, you get to vote on important platform decisions. It’s like having a say in how things are run. You can also use these tokens to pay for fees when you’re using the platform. Plus, if you stake your XCN, you’ll earn some rewards. Pretty straightforward stuff.
The platform lets you work with all sorts of tokens – from regular ETH to different NFTs. And if you’re using their premium features, having XCN can get you some nice discounts.
Solaxy: New Altcoin In Presale
Solaxy’s trying to fix one of Solana’s biggest headaches – network congestion. It’s a Layer-2 solution, which is fancy tech talk for “makes things faster and cheaper.” What’s interesting is that it’s building a bridge between Solana and Ethereum. That’s a big deal because these are two of the biggest blockchain platforms out there.
Here’s how it works: instead of cramming everything onto Solana’s main network, Solaxy processes transactions on the side. Then it bundles them up and sends them back to Solana. It’s like taking a shortcut to avoid traffic. Plus, you can move your crypto between Solana and Ethereum networks, which is pretty handy. This basically provides a combination of Ethereum’s vast liquidity with Solana’s speed advantages. For now, you can buy SOLX tokens only through the official presale website.
XCN and SOLX Price Predictions
Let’s look at where these coins stand right now. the XCN price is sitting at $0.02290118. It had a crazy run in January, jumping 18x, but February’s been slower. SOLX is still in presale, going for $0.001636, and they’ve already raised over $21 million. Bitcoin’s at $97,279, after hitting $109,000 last month.
So what could happen to your $1,000 investment within the next 2 months? For XCN, there are three ways this could go:
- If things go south, it might drop to $0.015, leaving you with $655
- The middle-ground scenario puts it at $0.025, turning your investment into $1,091
- Best case? It hits $0.035, and you’re looking at $1,528
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SOLX is a bit more interesting since it hasn’t launched yet. That’s happening in Q1 2025. Here’s what could happen:
- Even if things don’t go great, at $0.002, you’d still have $1,223
- If it does okay, hitting $0.012, your $1,000 becomes $7,336
- And if everything goes really well? At $0.016, you’re looking at $9,782
What’s driving these predictions? A few things. Bitcoin’s doing well, and the current U.S. administration seems crypto-friendly. XCN’s got its DeFi platform going strong, and SOLX has raised serious cash in its presale. Looking at similar tokens that launched in the past, some have gone up 8-10x after launch. But remember, nothing’s guaranteed in crypto.
The SOLX launch in early 2025 could be a big deal, especially with all that presale money behind it. But as always with crypto, only invest what you can afford to lose.
Read also: $1,000 in XRP or SOLX? AI Predicts Better Altcoin to Buy Now
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.