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Altcoins Experience Decline as Market Struggles to Maintain Momentum

Altcoins are experiencing significant declines, with Onyxcoin (XCN) leading the downturn, currently priced at $0.02285 and facing a potential drop to $0.010. Bitget Token (BGB) follows, trading at $5.12, with risks of falling to $3.30. Other notable performers include DeXe (DEXE) at $17.43, Ondo (ONDO) at $1.26, and Cronos (CRO) at $0.08747, all showing varying degrees of selling pressure and potential for further losses.

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Onyxcoin Surges 1500 Percent Amid Upcoming Blockchain Launch and Whitepaper

Onyxcoin (XCN) has surged 1,500% in the past month, reaching $0.038, driven by bullish sentiment surrounding an upcoming whitepaper and blockchain launch. The asset’s market cap has soared to $1.23 billion, with trading volume increasing by 68.9% in 24 hours. Analysts suggest further potential for growth as XCN remains below its all-time high of $0.184, with expectations of reaching $0.08 and possibly $0.1.

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Weekly Cryptocurrency Market Update Altcoins Struggle to Break Resistance Levels

Altcoins are experiencing sideways movement, with Onyxcoin leading the pack after a significant rise but struggling to maintain momentum above $0.04. Jupiter and MANTRA also face resistance at their recent highs, while KuCoin Token and GateToken show potential for upward movement if key support levels hold. Overall, the market remains cautious as traders await a decisive breakout.

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Crypto Market Surges as Bitcoin Approaches 105K and XCN Soars 33 Percent

On January 30, 2025, the global crypto market cap rose 2.63% to $3.56 trillion following the FED’s decision to maintain interest rates. Bitcoin surged nearly 3% to $105,219.96, holding a 58.49% market dominance, while Ethereum and Solana also saw gains of 2.23% and 4.07%, respectively. XCN led the rally with a remarkable 33.09% increase, while DeXe faced a significant decline of 9.97%.

about Crypto Market Surges as Bitcoin Approaches 105K and XCN Soars 33 Percent
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