Payments-focused crypto project xMoney has seen its token UTK surge over 25% in the last 24 hours, lifting prices back up towards the $0.09 level. The powerful upside move comes as optimism returns around one of xMoney’s core value propositions: boosting mainstream cryptocurrency adoption and usability for digital transactions.
Formerly known as simply Utrust, the rebranded platform xMoney aims to provide intuitive solutions bridging cryptocurrencies with more traditional e-commerce and payment verticals. Its self-custodial wallet infrastructure, combined with lower fees, endeavors to incentivize merchants to adopt crypto, therefore expanding the total addressable market.
Source: CoinStats – Start using it today
And with the sentiment around broader crypto markets stabilizing in recent weeks, traders appear to be positioning around the protocol’s unique capabilities to drive real-world utility. From a technical perspective, UTK had been grinding lower in recent months as part of the brutal bear market. But its decisive bounce from support levels shows the first signs of bullish momentum returning.
Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!
Sponsored
Show more +In particular, the 24-hour trading volume is up 1481.62% and stands at $26,607,635. Additionally, from a blockchain adoption perspective, crypto payments remain an optimal gateway use case for attracting mainstream users into Web3 spheres. And Utrust’s core competencies directly address familiar concepts like online shopping and transacting at lower costs—aspects that could resonate strongly if the current Web3 rally persists.
So in summary, UTK seems poised to capitalize on several potential catalyst drivers, including recovering technical metrics, stabilizing sentiment, and refocusing attention on growing real-world utility. Its 30% spike likely marks just the beginning if execution remains robust through the turbulent crypto backdrop.
You may also be interested in:
- Ripple’s XRP Following Expert’s Prediction, a 15% Rally to This Price Level Is Next
- Bitcoin, Solana, and These 5 Cryptos Have Significant Events That Could Help You Profit This Week
- Why Investors From Solana (SOL) and Toncoin (TON) Are Showing Interest In the New Kelexo (KLXO) Presale
Check $RECQ Meme Coin
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
