XinFin Network’s native cryptocurrency, XDC, originating from Singapore, has taken the crypto market by storm, demonstrating an extraordinary five-day rally that has propelled it to its highest value since January 2022.
Amidst a backdrop of global market fluctuations, XDC has surged over 300%, escalating from $0.03 to an impressive $0.08 in a short span.
In a striking contrast to the overall trend in the cryptocurrency market, XDC Network has managed to shatter its extended bearish trajectory and showcase a consistent upward movement.
While notable cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) witnessed slight declines of 1.68% and 1.27% respectively, XDC has stood out with its impressive performance.
Recent developments have witnessed XDC surging an astonishing 35.54% within a 24-hour period, pushing its value to the $0.8 mark.
This remarkable surge has positioned XDC at the forefront of the crypto market’s top gainers, an accomplishment validated by CoinMarketCap’s data.
As of the latest update, XDC Network’s trading value stands at $0.86, coupled with a 24-hour trading volume exceeding $27.9 million – marking a notable 37% increase.
A detailed analysis of the daily chart highlights a robust bullish trend for XDC. The cryptocurrency has not only breached the crucial resistance level at $0.065 but has surged beyond it, indicating a potential shift in its market dynamics.