{"id":624908,"date":"2025-02-07T15:01:21","date_gmt":"2025-02-07T15:01:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=624908"},"modified":"2025-02-07T15:01:21","modified_gmt":"2025-02-07T15:01:21","slug":"is-it-too-late-to-buy-xyo-xyo-price-soars-31-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-xyo-xyo-price-soars-31-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy XYO? XYO Price Soars 31% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"<p>The XYO price has soared 31% in the last 24 hours to trade at $0.0233 as of 7 a.m. EST on a 417% pump in trading volume to $40 million.<\/p>\n<p>The surge in the XYO price comes after the project announced the hiring of Sky Wee as a strategic advisor. A Forbes Business Council member and Binance influencer, Wee brings extensive expertise as a managing partner at Elevate Ventures, ATF Capital, and Sky Ventures.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Big news: XYO welcomes Sky Wee (<a href=\"https:\/\/twitter.com\/OfficialSkyWee1?ref_src=twsrc%5Etfw\">@OfficialSkyWee1<\/a>) as a Strategic Advisor!<\/p>\n<p>Read how he&rsquo;s helping launch XYO Layer One in Q1 2025 &#128073;<a href=\"https:\/\/t.co\/4muLcLU6sB\">https:\/\/t.co\/4muLcLU6sB<\/a><\/p>\n<p>As a Forbes Business Council Member, Official Binance Influencer, Managing Partner at Elevate Ventures, ATF Capital &amp; Sky&hellip; <a href=\"https:\/\/t.co\/W78S4MJl25\">pic.twitter.com\/W78S4MJl25<\/a><\/p>\n<p>&mdash; XYO (@OfficialXYO) <a href=\"https:\/\/twitter.com\/OfficialXYO\/status\/1887501506150380005?ref_src=twsrc%5Etfw\">February 6, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>His addition to the XYO advisory team comes ahead of the highly anticipated Q1 2025 launch of XYO Layer One, the project&rsquo;s Layer-1 blockchain network.<\/p>\n<p>Designed with multichain support, XYO Layer One will serve as the core infrastructure for the XYO ecosystem, facilitating applications in AI models, blockchain tools, and real-world asset management.<\/p>\n<h2>XYO Price Blasts Above The Bearish Channel<\/h2>\n<p>The XYO\/USD trading pair on the 1-day timeframe shows strong bullish momentum after breaking out of a prolonged bearish channel, signaling a potential trend reversal. XYO is currently <a href=\"https:\/\/coinmarketcap.com\/currencies\/xyo\/\">trading at $0.02335<\/a>, reflecting a 10.27% gain, and is now testing key resistance levels that could determine its next move.<\/p>\n<p>This surge follows a period of consolidation after its parabolic price increase in December, where XYO rallied significantly before entering a correction phase. The formation of a rounding bottom pattern suggests a bullish continuation, potentially pushing prices toward the $0.03 &ndash; $0.04 range if buying pressure sustains.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-624915 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/DEXTools.io_XYO_USD-UNI_2025-02-07_14-09-30.png\" alt=\"XYO price\" width=\"1470\" height=\"638\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/DEXTools.io_XYO_USD-UNI_2025-02-07_14-09-30.png 1470w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/DEXTools.io_XYO_USD-UNI_2025-02-07_14-09-30-300x130.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/DEXTools.io_XYO_USD-UNI_2025-02-07_14-09-30-1024x444.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/DEXTools.io_XYO_USD-UNI_2025-02-07_14-09-30-768x333.png 768w\" sizes=\"(max-width: 1470px) 100vw, 1470px\"><\/p>\n<p style=\"text-align: center;\">XYOUSD Analysis Source: Dextools.io<\/p>\n<p>A critical indicator supporting this move is the 50-day simple moving average (SMA) at $0.0189, a strong dynamic support level. Historically, when price action stays above this moving average, it often signals the beginning of a new uptrend. XYO has successfully bounced off this support, reinforcing the bullish outlook. If the price remains above this level, it could serve as a launchpad for further gains, whereas a breakdown below this threshold might invalidate the bullish setup.<\/p>\n<h2>XYO Price Bullish Indicators Signal Another Bullish Rally<\/h2>\n<p>Momentum indicators also confirm growing bullish strength. The MACD (Moving Average Convergence Divergence) line at 0.00054701&nbsp;<span style=\"margin: 0px; padding: 0px;\">crosses<\/span>&nbsp;above the signal line at 0.00044868, forming a bullish crossover. This indicates increasing buying momentum, and if this trend continues, it could fuel additional upside movement.<\/p>\n<p>The Relative Strength Index (RSI) at 61.84 suggests increasing buying pressure but remains below the overbought threshold of 70. This leaves room for further price appreciation before any potential correction.<\/p>\n<p>For XYO to sustain its bullish trajectory, it must break above the immediate resistance at $0.025. A successful breakout above this level could trigger a rally toward $0.03 and potentially $0.04, where the next major resistance zones lie. If XYO faces rejection at these levels, it could pull back toward the 50-day MA at $0.0189 or lower support at $0.0175, where buyers may step in again.<\/p>\n<h2>The First Layer 2 Project On Solana Zooms Past $18.5 Million in Presale<\/h2>\n<p>As the XYO price maintains its bullish momentum, so Solana layer 2 presale <a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\">Solaxy (SOLX)<\/a> has surged past $18.5 million in funding.<\/p>\n<p>The Solana network is under heavy computational strain due to the rising demand for SOL-based meme coins, fueling speculation about a 2025 meme coin super cycle. However, if congestion issues persist, Solana may not be able to meet surging demand.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The benefits of Solaxy can really bring a tear to your eye&hellip;<a href=\"https:\/\/twitter.com\/search?q=%24SOLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SOLX<\/a> hits hard! &#128760;&#129680; <a href=\"https:\/\/t.co\/yqIjimnys9\">pic.twitter.com\/yqIjimnys9<\/a><\/p>\n<p>&mdash; SOLAXY Help Team &#120143; (@SOLAXYTOKEN_HT) <a href=\"https:\/\/twitter.com\/SOLAXYTOKEN_HT\/status\/1887731684814000259?ref_src=twsrc%5Etfw\">February 7, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Enter, Solaxy. It aims to alleviate the problem via its Layer 2 sidechain, designed to offload computational demands from the main Solana network.<\/p>\n<p>By processing transactions off-chain, bundling them, and submitting them to Solana&rsquo;s Layer-1 for validation, Solaxy reduces congestion, lowers transaction fees, and increases network throughput. This efficiency boost makes it a promising solution for scaling Solana while maintaining speed and affordability.<\/p>\n<p>Investor interest in SOLX is also driven by its staking program, which currently offers a huge 218% annual return.<\/p>\n<p>Popular crypto YouTube channel 99Bitcoins, which boasts over 724K subscribers, has predicted that SOLX could surge 100X post-launch.<\/p>\n<p><iframe title=\"BEST 3 Meme Coins to Buy Now Before 2025?! (New 100X Potential Crypto!?)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/7usUlycZEUs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Currently priced at $0.001628, SOLX can be purchased via the buy widget on the project&rsquo;s website using crypto or a bank card.<\/p>\n<p>Interested investors should buy before a price hike in less than 2 days.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\">Visit SOLX here.<\/a><\/p>\n<h3>Related Articles:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/arthur-hayes-says-us-bitcoin-reserve-could-be-net-negative-for-crypto-industry\">Arthur Hayes Says US Bitcoin Reserve Could Be &ldquo;Net Negative&rdquo;<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/which-meme-coins-hold-the-biggest-potential-for-gains-during-market-dips\">Which Meme Coins Hold the Biggest Potential for Gains<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/meme-index-presale-raises-over-3m-as-investors-eye-high-staking-rewards\">Meme Index Presale Raises Over $3M as Investors Eye High Staking Rewards<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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