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- XinFin’s XDC is positioned 43rd on the Santiment analytics platform.
- Currently, it appears that buyers are more aggressive than sellers.
As per the data from Santiment, an analytics platform, XinFin (XDC) holds the 43rd rank with a market capitalization of approximately $1 billion. Recently, the XDC price experienced a 15% increase, reaching a peak of $0.092.
#XinFin's price rise has propelled it to the #43 market cap asset, as it experienced a slight retracement after surpassing $0.91. Importantly, the $XDC development team has ramped up their production efforts. Just wait for the crowd #FOMO to stabilize a bit. https://t.co/WpbH87OifN pic.twitter.com/Fg1pr5ZuoZ
— Santiment (@santimentfeed) August 4, 2023
The token’s value has demonstrated a bullish trajectory, increasing by 40% over the past month. On Friday, XDC’s price reached $0.091 as crypto traders and investors accumulated the token amid FOMO. Consequently, the XDC community has begun to enhance its production rate.
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XinFin (XDC) Chart (Source: Santiment)
As a result, social dominance has notably decreased, yet the XDC community is exhibiting strength in development activity, particularly when the price reached its recent high yesterday.
At this moment, it appears that buyers are more assertive than sellers. The XDC price suggests that bulls are in control, despite a slight correction occurring.
Based on technical analysis, XDC is trading within a bullish range, with further gains anticipated. The probability of continued upward movement remains strong as long as the XDC price stays above $0.05000.
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