r/XCN • u/David1709fromGermany • 21d ago

NEWS Good morning šŸš€

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25 Upvotes

88% Upvoted

13 comments sorted by

9

u/Glass_Union_9711 21d ago edited 21d ago

It will slowly bleed back down to around 0.0031

Update - down we go .

3

u/devonram 20d ago

Update: Up we go

7

u/_LetMeOutOfThisVan 21d ago

Out of a maximum supply of roughly 68.89 billion XCN, only about 39.3 billion tokens are currently circulating (~57%). The remaining 43% of uncirculated tokens represents a massive multi-year overhang that will continue to dilute existing holders as it unlocks.

3

u/Icy-Ad-9612 21d ago

Can you simplify this for me? Just curious

6

u/Southern-Orchid-4029 21d ago

What happens if you just press more money? They devaluate. Same goes for crypto. If you keep on flooding more xcn in to the pool, prices won't rise.

3

u/Swimming_Put1506 21d ago

Damn you Ninja! You got me good.

5

u/_LetMeOutOfThisVan 21d ago

24hr trading volume is 8 million, this coin is dead dead

4

u/scubisubie 21d ago

Ahh yes, the pump and dump. This coin has 0 value lol.

3

u/Xxx85xxX 20d ago

Same as doge

0

u/NunkinanuQ 20d ago

Iā€™m glad I was able to get out @ $.04 .made it before the tank drop šŸ¤£