Onyxcoin XCN Joins Forces with HTX: Is Binance Listing Next?

01-02-2025 By: Lokesh Gupta
Onyxcoin XCN Joins Forces with HTX: Is Binance Listing Next?

Onyxcoin Price Prediction: Will a Binance Listing Fuel a Rally?

Onyxcoin, the blockchain initiative behind the $XCN token, is on the verge of a significant breakthrough with the upcoming release of its new Whitepaper on February 3—just two days away. The buzz surrounding this unveiling, coupled with the debut of the Onyx XCN Ledger, has sparked widespread enthusiasm within the crypto community.

OnyxDAO Partners with HTX Global to Strengthen $XCN Market Presence

In a major development for the Onyxcoin (XCN) ecosystem, OnyxDAO has officially partnered with HTX Global, a platform backed by crypto mogul Justin Sun. This collaboration aims to bolster the market influence of $XCN while redefining decentralized governance and trading in the evolving cryptocurrency space.

The strategic alliance comes at a crucial time for Onyxcoin, as the project continues to gain traction within the DeFi sector. By leveraging HTX Global’s reach and expertise, OnyxDAO seeks to drive further adoption and liquidity for $XCN, potentially opening doors to larger exchanges and institutional investors.

OnyxDAO Partners with HTX Global

Community Strongly Backs Onyxcoin’s Vision

The latest announcement follows a major milestone for Onyxcoin as OIP-52, a governance proposal, received overwhelming support from the community. The proposal secured an impressive 983 million $XCN votes in favor (232 votes), while only 16 million $XCN (8 votes) opposed it.

This landslide approval highlights growing confidence in OnyxDAO’s roadmap and its commitment to building a more robust decentralized financial ecosystem. With community-driven governance at its core, Onyxcoin is positioning itself as a key player in DeFi and blockchain innovation.

Binance Listing Rumors-Is a Price Surge Incoming?

Speculation is mounting that Binance may soon list $XCN, a move that could significantly impact the token’s market performance. A Binance listing often acts as a catalyst for price surges, as it brings increased liquidity, visibility, and new investors to the project.

If confirmed, $XCN could witness a strong bullish rally, potentially testing key resistance levels. However, investors should approach with caution and verify official announcements before making investment decisions.

XCN’s Explosive Growth: From $0.002 to $0.05 – What’s Next?

Onyxcoin price has experienced remarkable growth, skyrocketing from $0.002 to nearly $0.05 in just a few months—a staggering 20x increase. This impressive surge has placed $XCN in the spotlight, making it one of the most-watched assets in the altcoin market.

As of now, OnyxCoin (XCN) is priced at $0.03174. While the market has experienced a slight pullback—reflected in a 9.41% drop in market cap and a 19.47% decline in 24-hour trading volume—$XCN’s overall performance remains strong, demonstrating resilience despite the correction.

If Bitcoin maintains stability or enters a bullish phase, $XCN may continue its upward trajectory. With strong community backing and increasing adoption, the token could soon challenge its previous all-time highs.

Technical Analysis: Imminent Breakout Ahead?

A closer look at the 4-hour XCN price chart reveals a symmetrical triangle formation, signaling an imminent breakout. Here’s what traders should watch for:

Key Support Levels: $0.030 (strong base), with downside risk toward $0.025 or even $0.020 if support breaks.

Resistance Levels: $0.040, with a potential breakout target of $0.050+ if momentum continues.

Breakout Potential: A decisive move above $0.040 with strong trading volume could propel XCN toward a new all-time high.

However, traders should remain cautious of a potential pullback if the price fails to hold above $0.030. Market sentiment and broader crypto trends will play a crucial role in determining the next move for Onyxcoin.

XCN price chart

Final Thoughts: Is XCN the Next Big Crypto Play?

With its strategic partnership with HTX Global, overwhelming community support, and a potential Binance listing on the horizon, Onyxcoin (XCN) is shaping up to be one of the most promising projects in DeFi.

While short-term volatility is expected, the long-term outlook for $XCN remains highly bullish. Investors should stay tuned for official updates and monitor key resistance levels for potential breakout opportunities. Traders and investors should keep an eye on upcoming announcements to make informed decisions.

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