XDC and XCN are both solid blockchain projects, but they’re tackling different problems. XDC has been around longer and focuses on helping businesses with trade finance and supply chain management through its hybrid blockchain approach. It’s more of a proven player in the enterprise space.
XCN is newer in the system, positioning itself as Layer 3 financial infrastructure. It’s been getting attention lately with some impressive price gains, which always gets people talking.
Lee the Captain believes XCN token currently reminds him of XDC Network, but he sees XCN having potentially much greater percentage price increases over the next 6 to 10 months. His analysis focuses on market positioning and momentum rather than technical superiority.
The market cap comparison tells an interesting story according to Lee the Captain. XCN sits at around $600 million in market capitalization, while XDC commands approximately $1 billion. While many consider XDC the better project from a technical standpoint, Lee the Captain argues this higher valuation actually works against XDC when looking for explosive percentage gains.
Since XCN starts from a lower base, it theoretically has more room to grow. Lee the Captain acknowledges that being lower in price doesn’t guarantee growth, but he sees compelling momentum building behind the Onyxcoin protocol that could drive significant price appreciation.
Why XCN Token Is Outperforming XDC in Bull Market Hype
Lee the Captain observes that XCN currently has much more short-term momentum compared to XDC. The cool factor surrounding the Onyx protocol feels significantly greater than what he sees around the XDC network at this point in time. This momentum advantage becomes crucial during bull market conditions.
He explains that XDC token feels like it has lost some wind in its sails, while Onyxcoin appears to be picking up steam despite having experienced a major pullback. The momentum factor matters enormously during full-fledged bull runs, when investors care more about hype and excitement than established adoption or technical superiority.
During bull markets, Lee the Captain notes that traditional fundamentals often take a backseat to momentum and the cool factor. People stop caring as much about which project has better adoption or more established partnerships. The psychological aspects of trading become more important than the technical merits of the underlying technology.
Reasons Onyxcoin Has the Edge in the Next Rally
If XCN price were to reach one dollar, Lee the Captain calculates this would represent approximately a 53x increase from current levels. At that price point, considering the current circulating supply, the market cap would reach around $33.5 billion. He sees no fundamental reason why XDC couldn’t also reach similar market cap levels, but the percentage gains would be smaller due to its higher starting point.
Both XCN and XDC tokens focus on similar use cases including payments, global trade, and finance. Lee the Captain recognizes they both serve as alternatives to established players like XRP and XLM tokens. However, he believes the current momentum strongly favors XCN over XDC.
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Lee the Captain remains bullish on the XDC network and doesn’t consider it a bad investment. However, he argues that XCN might be the better pick for investors seeking maximum percentage returns during the upcoming bull run. The combination of lower starting valuation, building momentum, and increased market interest positions Onyxcoin advantageously.
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