In a breath-taking event, XYO‘s magical token has shot up by a whopping 45%! And what, you may ask, has caused this ruckus? Why, XYO’s unveiled its Layer One blockchain, of course!
On the 28th of January, XYO revealed its Layer One blockchain, a mythical creature designed to safeguard and share data. This cunning beastie aims to bring people and technologies together in perfect harmony, making it a breeze for businesses to dabble in blockchain without losing their precious data.
This launch plays a pivotal role in XYO’s Decentralized Physical Infrastructure Network (DePIN). It’s all about managing data like a boss, especially for applications like AI, DePIN, and Real-World Asset (RWA) management. Users will have the power to control their own data, just like a superhero in charge of their own destiny!
Since this mind-blowing revelation, XYO’s price has skyrocketed to new heights, reaching approximately $0.025 in the last 24 hours. At the moment, the XYO is floating around $0.023. The market cap has swelled to $320.06 million, a 34.55% increase, and the trading volume has exploded by 1,276.60% to $89.44 million.
XYO is the main token for the Decentralized Physical Infrastructure Network (DePIN) project, which keeps the XYO ecosystem buzzing. Users earn XYO tokens as rewards for providing and maintaining accurate location-based data, making it a win-win for everyone!
A recent surge in XYO’s growth might be due to a rumor about the U.S. government considering a 0% capital gains tax for U.S.-based cryptocurrency projects. Although Eric Trump, who isn’t a policymaker, mentioned this, it’s still given folks hope. And where there’s hope, there are investors flocking to projects like XYO!
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2025-01-29 18:15