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XDC Network (XDC) Leads Top Gaining Tokens Today with Over 55% Gain in Trading Volume

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XDC Network
XDC Network

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XDC Network’s price continues to surge following yesterday’s growth. This price spike appears connected to its rising trading volume over the past day.

XDC’s notable price surge has placed it among the top-gaining digital assets today, July 25.

XDC Network Price Performance

XDC Network has created two green bars on the daily price chart. This reflects continuous buying activity, raising the token’s price by more than 23% in the last 24 hours. At 09:30 am EST, XDC trades at $0.06049.

XDC’s trading activity has also been bullish in the past day, with growth of over 55%. XDC’s 24-hour trading volume now stands at approximately $20.6 million.

XDC’s Bullish Momentum Slows Down at Resistance Level

XDC Network
Source: Tradingview.com

XDC’s price has risen significantly, with certain indicators projecting continuous growth, as shown in the chart above.

The token’s price is far above the 50-day and 200-day moving averages, denoting a bull-dominated market position that could facilitate more rallies for XDC.

The MACD indicator supports this prediction, with the MACD line far above the signal line. It has also created several green bars on the histogram to reinforce the possibility of a bullish trend.

However, traders should be cautious of the RSI at 81.73, as XDC’s price may begin to drop from this point, given the overbought position. 

XDC’s Support and Resistance Levels

XDC Network
Source: Tradingview.com

To further support the chances of a bearish turn, the XDC’s price has encountered resistance at the $0.05612713 price level.

The token has respected this resistance in the past three days and could initiate a reversal with a target of $0.0435965. However, a break above the $0.05612713 resistance could trigger more rallies.

Note that crypto asset prices fluctuate and may sway from the expected trajectory. As such, investors and traders should remain cautious when predicting the price movements of these virtual assets.

XDC Network Price Predictions by Experts

According to DigitalCoinPrice’s analysis, XDC could peak at $0.14 in 2024. The minimum and average prices could stabilize at $0.12 and $0.13, respectively.

Moving on to 2025, the expert anticipates a potential top price of $0.21. In addition, they assert that the token is unlikely to dip below the $0.17 mark during this period. Based on the forecasts by CryptoNewsZ, XDC price could exhibit fluctuations in the coming years.

In 2026, the token may maintain a support level at $0.12, which is expected to be its minimum price during that year. Conversely, the maximum price projection for the same year is $0.16.

Looking ahead to 2030, CryptoNewsZ anticipates XDC’s maximum price reaching $0.25. Meanwhile, the minimum and average price projections are estimated at $0.22 and $0.23, respectively.

Factors That May Drive The CDC’s Price

XDC Network announced it would introduce an exciting XDC staking fee-free campaign starting from July 13, 2023, 

This campaign would celebrate the launch of the staking service. It will allow customers to participate in XDC staking without incurring any fees. To be eligible, customers must hold XDC with the company in July 2023 and August 2023. This includes XDC acquired through reserves.

Throughout the staking period, the average amount of XDC held at the end of each business day will be calculated. This will determine the staking rewards the company will give to participating customers.

During the campaign target period, running from July 13 to September 1, 2023, customers can access significant benefits through zero staking fees and more. That means that instead of the typical 25% staking fee, participants can stake their XDC without any deductions.

Furthermore, customers will receive an equivalent amount of XDC to the staking fee in their accounts, adding an extra layer of rewards during the campaign.

For July 2023, customers will receive their staking rewards and fees by August 15, 2023. Similarly, for August 2023, they will get their staking rewards fees by September 15, 2023.

XDC Network Sponsors WebX Asia

XDC Network is excited to declare its position as a Gold Sponsor for WebX Asia, a prestigious event hosted by CoinPost in Japan.

This sponsorship marks a significant milestone for the company following its strategic collaboration with SBIVC. It is expected to strengthen XDC Network’s foothold in the Japanese market.

XDC Network aims to increase its visibility and engagement within the Japanese cryptocurrency and blockchain community by participating as a Gold Sponsor.

The company is looking forward to connecting with attendees at the WebX Asia event, where industry leaders and enthusiasts will share knowledge and insights.

A notable aspect of this sponsorship is the opportunity for XDC Network to share the limelight with its partners, the SBI Group. The SBI Group also supports the WebX Asia event and will set up a booth at the venue.

Moreover, they offer a special discount code that enables attendees to access an attractive 20% price reduction on WebX admission tickets.

Wall Street Memes – A Rival To The XDC Network

Wall Street Memes (WSM) is a meme-based project that aims to change the traditional system of Wall Street.

However, its goals go beyond this initial objective, as it also strives to provide financial opportunities for early investors and foster a strong community of individuals with the same mindset.

It does this by implementing the power of memes – a system that has connected different individuals for years via timely and relatable humor. Aside from this, Wall Street Memes also focuses on uniting small investors and cultivating a sense of solidarity among them.

This approach recognizes the potential of humor and community in empowering smaller investors, who often feel neglected and marginalized in the finance ecosystem.

Wall Street Memes has received incredible attention from investors beyond its online community. With over 40 million monthly impressions, the project has gained substantial recognition and visibility.

This widespread reach has contributed to the project’s overall success and furthered its mission of challenging the current situation in the finance world.

Wall Street Memes features

Wall Street Memes (WSM) stands out in the world of virtual assets due to its array of exciting features, each contributing to its unique appeal:

WSM Merchandise

Wall Street Memes’well-curated merchandise functions in two ways. It fosters a sense of community among Wall Street Memes enthusiasts, creating a bond among members who proudly display and wear the branded items.

On the other hand, the merchandise acts as a potent marketing tool, elevating brand visibility and recognition. As individuals incorporate Wall Street Memes’ designs and logos into their daily lives, it sparks curiosity and interest among those who come across it, extending the project’s reach and impact.

Token Airdrop

The WSM token airdrop presents an exclusive opportunity for individuals to obtain WSM tokens. Interested participants can join the airdrop event, and after approximately six months, five lucky winners will receive a generous prize of $10,000 worth of WSM tokens.

This initiative adds an element of excitement and inclusivity, encouraging more people to engage with the project.

NFT Collection

The Wall Street Bull NFT Collection showcases the project’s innovative spirit. It comprises 10,000 exclusive digital assets and reveals the essence of Wall Street in a whole new light.

The NFTs offer a unique and rare ownership experience, attracting collectors and enthusiasts to explore the captivating world of WSM.

Wall Street Memes presale status

Investors have shown significant interest in Wall Street Memes (WSM) during its presale program, attracting participants from both small and large investor groups.

The program has proven successful, raising approximately $17.6 million, indicating high investor confidence in the project. At the core of all transactions within the system lies the native token, $WSM, valued at $0.0322 per token today, July 25, 2023.

As the project progresses to the next stage, the token’s value will rise to $0.0325. This potential increase in value creates an exciting opportunity for investors to capitalize on the projected growth of Wall Street Memes.

The team behind Wall Street Memes encourages prospective investors to take advantage of this promising opportunity before the token is available on exchanges.

By participating in the presale stage, investors can benefit from the early phases of the project’s development and subsequent growth. It’s a chance to be part of the project’s journey from its inception and potentially reap the rewards as it reaches new milestones.

How to buy the Wall Street Memes Tokens

To participate in the progressive project of the WSM, follow the simple steps:

  • To participate in the WSM presale program, access the official website and connect your crypto wallet, which should contain BNB or ETH.
  • Alternatively, you can purchase the $WSM tokens directly on the site using USDT (ERC-20 or BEP-20).
  • Once you have acquired the tokens, claim and add them to your crypto wallet during the Token Generation Event (TGE) hosted on the Wall Street Memes website.

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