Many crypto investors seek new opportunities. Analyst Lee believes Onyxcoin might be a better investment than Stellar.
Onyxcoin and Stellar: Common Market and Goals
Both tokens, XCN and XLM, target the global trade and finance payments market. Lee highlights that Stellar has built a great reputation due to its fast blockchain, but its market potential may be limited. XCN, as the native token of the Onyx protocol, also targets this market but starts from a much lower valuation, providing more room for growth.
Why Onyxcoin Has Growth Potential
Analyst Lee explains his reasoning with simple math. He suggests that if XCN reaches $1, its market cap would be around $32.5 billion, still below many top cryptocurrencies. In a full bull market where Bitcoin hits $250,000 and Ethereum reaches $10,000, a $1 price for XCN seems attainable. This potential makes XCN more appealing for the current market cycle.
Best Timing to Invest in Onyxcoin
Lee also discusses the importance of timing the investment, suggesting the latter part of 2025 could be significant for altcoins like XCN. He notes that historically, altcoins typically peak around 18 months after a Bitcoin halving event. The last such event occurred in April last year, meaning October this year could be a key growth point for XCN.
While many investors prefer stable coins like Stellar, Lee suggests considering Onyxcoin due to its greater growth potential. He believes patient investors may achieve substantial returns if they choose XCN as a long-term investment.
