If you are a crypto enthusiast then you may be interested in the recent updations of the XYO token. The new updations promise to deploy XYO technologies across a wide range of industries with multiple solutions and use cases. Many investors wonder whether it is profitable to purchase the crypto of the evolving XYO project, and its growth potential after the updations and opportunities on the network.
In this article, we discuss all the major details of this project including key performance indicators, future price analysis, where to buy and how to buy the token, etc. Read on to discover all about XYO coins and make informed decisions.
Let’s get started:
XYO Coins: Overview of the Project
XYO is an Ethereum-based cryptocurrency used to incentivize the desired behavior on the network that provides decentralized services that involve precise location data. E-Commerce enterprises utilize the XYO network to write smart contracts that help them to deliver goods to their customers.
This also helps to initiate electronic payments. XYO token functions as a reward for miners who provide real-world data. The data like XY coordinates of the specific objects and users conducting transactions on the network to increase its liquidity.
Data submitted to the project is then permanently and immutably made a part of XYO’s decentralized data network. The users are given options to stop submitting data at any time. XYO suite of software and tools provides opportunities for XYO and third-party developers to access the data. The transactions for receiving the dataset are paid in XYO tokens. Thus XYO tokens maintain a strong economic cycle within the system.
XYO Coins: Key Performance Data
At the time of reporting the price of XYO Network is $0.02568. The 24-hour trading volume is $153,343,084 representing an increase of 1935.30% increase in the last 24 hours. In the past 7 days, the price has been increased by 187.00%.
Market Capitalisation: $364,510,200
Circulating Supply: 13,931,216,938.
Total Supply: 13,931,216,938
Maximum Supply:13,931,216,938
Chains: Ethereum Ecosystem
Categories: Internet of Things(IoT)
XYO Coins: Three-Month Price Analysis
Do you wish to invest in XYO coins? Expert traders analyze the future price of the token way before investing. We have made the price prediction of the coin based on its market trajectories and performance data. Here is the price analysis of the XYO coins for the three upcoming months. These predictions can be considered as an indication to make your investment decisions.
Check out the three-month price prediction of XYO coins:
Month | Minimum price | Average Price | Maximum Price | Potential ROI |
December 2024 | $0.01480 | $0.01536 | $0.0163 | 50.97% |
January 2025 | $0.01563 | $0.02302 | $0.0320 | 2.88% |
February 2025 | $0.02171 | $0.02413 | $0.02659 | 19.80% |
Where Can You Buy XYO Coins?
XYO tokens are available for trading on centralized crypto exchanges. The most popular exchange for buying and selling XYO tokens is Coinbase Exchange. The most active trading pair is XYO/USD. It has a trading volume of $101,493,342 in the last 24 hours. Other exchange options include Bitvavo and KuCoin.
Crypto exchange helps you to buy and store cryptocurrencies so selecting an exchange is an important step. Do your investigations before selecting an exchange. Verify the credibility, transparency, and charges before taking an account.
How Can you buy XYO Coins?
After selecting your exchange and finalizing your budget follow these steps to buy XYO coins.
Step 1: Create an Account
Create an account in the selected crypto exchange. This account acts as a portal for accessing cryptocurrency. Create an account in that exchange by providing the necessary details like email ID, password, etc. Complete the KYC process by providing any authorized identity proof
Step 2: Select a funding option
Exchanges offer multiple payment options for the convenience of its users. Some of the commonly available options include Credit or Debit cards, Bank deposits, Peer-to-peer trading, and third-party payment options. These options may vary from exchange to exchange. It is advised to refer to the FAQ section of the official website to get the necessary information.
Step 3:Buy XYO token
To buy XYO tokens visit the Buy & Sell section of the website. Then select XYO crypto among the currency list provided in the platform.
If you can’t afford 1 XYO then you can consider purchasing 0.1 XYO, 0.01 XYO, or any other amount as per your requirement.
Step 4: Transfer XYO to the wallet
After purchasing the cryptocurrency it can be transferred to the crypto wallet. There are different types of wallets available choose the one that suits your requirements. The cryptos can be traded for other currencies for passive income from the investment.
Reminder: Always rely on trusted websites and sources. Do not navigate to any suspicious links. This can potentially lead to scams or monetary loss. You can consider diversifying your investments to reduce risks.
XYO Coins: Final Analysis and Credibility Check
The analytic capabilities of the XYO project extend its utilities across multiple domains. The project helps to empower organizations for meaningful insights and informed decision-making. Its infrastructure supports the use of both digital and real-world assets.
Considering its utilities outside the platform and the current performance of the XYO token, it is expected to grow in the future and can be considered a viable investment option. Crypto investments are subjected to market fluctuations. Investments should be made after performing detailed research and considering your risk tolerance level. All the best.