Onynxcoin (XCN) and XDC have gained more prominence lately, also making their prices spike beyond many other cryptos in recent weeks. With many predictions already being released and analysts seeing bullish long-term prospects for the two tokens, one may wonder how to allocate funds for these cryptos.
Lee the Captain made a 5-minute video to discuss how he would manage a $10,000 investment in the two cryptos.
What you'll learn 👉
Onyxcoin and XDC Network Unique Offerings
Lee the Captain begins by emphasizing the importance of understanding both projects’ fundamentals, noting their striking similarities. He explains that XCN (Onyxcoin) serves as the native token of the Onyx protocol, a decentralized blockchain infrastructure aimed at revolutionizing financial services.
According to Lee’s analysis, both projects target substantial markets. The payments sector, which both platforms address, currently exceeds $2 trillion in value. He points out that global trade and finance, another key focus area, is projected to reach $5 trillion by 2028, citing Moreor Intelligence data.
When discussing XDC, Lee the Captain highlights its advanced features, particularly its compatibility with existing financial systems. The platform’s ability to integrate with Swift payment databases and support for ISO 20022 standards gives it significant advantages. He notes XDC impressive transaction speed of over 2,000 transactions per second, marking it as a technically superior solution.
XCN and XDC Price Potential and How to Allocate $10,000
Lee the Captain provides an interesting perspective on potential returns. He suggests XCN could reach $1 during the current bull run, representing a 29x increase and a $31 billion market cap.
For XDC, he proposes a potential $3 price target, offering a similar 28x return but with a higher market cap of $45 billion.
Read Also: Ripple (XRP) Price Falling as Predicted: How Low Can It Dip?
In one of the video’s most memorable analogies, Lee the Captain compares XDC to Batman and XCN to Robin, suggesting both have crucial roles to play. This leads to his conclusion that splitting the $10,000 investment equally between both tokens represents the most balanced approach.
Lee the Captain concludes on an optimistic note, citing the presence of over 600 million crypto owners worldwide—a historic high according to Crypto.com research. He suggests that as the bull run progresses through the middle months of the year, both projects could see significant growth.
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