The post OnyxCoin (XCN), the Core Token of the Onyx Protocol, Listed on Bitunix Spot Market appeared on BitcoinEthereumNews.com.

Bitcoin price fell to $92,000 on February 3rd due to the tariff war initiated by the newly elected US President Donald Trump, who imposed tariffs on Mexico, Canada, and China. This triggered panic and a broad market sell-off. This decline led to the largest liquidation ever known in the crypto world, amounting to $2 billion. Traders with long positions were the ones who suffered the most, experiencing the biggest losses. However, Bitcoin held support at $92,000 and bounced back above $100,000 shortly. Analysts predict that this could be an event after which the altseason can begin. While crypto enthusiasts are waiting for the altseason, numerous crypto projects are being launched, including Onyxcoin (XCN), which was just listed on the world’s fastest-growing crypto exchange, Bitunix, on February 4th. What is OnyxCoin (XCN)? Onyxcoin is a decentralized digital asset built on Ethereum as an ERC-20 token and it functions both as a currency for payments and discounts as well as a governance token within the ecosystem. Onyxcoin (XCN) is the core token of the Onyx Protocol, a blockchain system designed to improve financial services. XCN has multiple uses within the Onyx ecosystem. XCN holders can vote on important decisions about how the protocol develops, thus making this a community driven project. XCN coin also provides benefits like discounts on premium services and access to special features. Moreover, users can stake XCN to earn rewards over time. It can also be used as a payment method within the Onyx ecosystem. Overall, XCN plays a key role in keeping the Onyx Protocol running smoothly and giving users more control over their financial activities. XCN coin’s market cap currently is 926.8 million as per Coinmarketcap. Where to Buy OnyxCoin (XCN)? XCN crypto can be purchased on the Bitunix exchange. The latter listed the Onyxcoin on…

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Filed under: News - @ February 7, 2025 9:23 am