Renowned crypto analyst Lee, known as Captain, has outlined three main reasons for investing in XDC Network: growth potential, strong fundamentals, and favorable market conditions.
XDC's Growth Potential
The analyst believes that XDC has significant room for growth due to its relatively low market capitalization. Lee has set a price target of $3 per XDC, a 33x increase from its current value. If achieved, this would raise the network’s market cap to approximately $45 billion, consistent with past crypto market trends. He also notes that the demand for XDC may increase with the sharp rise in global cryptocurrency use.
Strong Fundamentals of XDC Network
XDC Network is developed as a high-quality blockchain specifically designed for international trade and finance. Competing with projects like XRP, XLM, and XCN, XDC offers unique market growth opportunities. The network is ISO 20022 compliant and compatible with systems like Swift. Its blockchain can handle over 2,000 transactions per second.
Favorable Market Conditions
The analyst points to broader market conditions as a potential catalyst for XDC’s growth. Altcoins historically peak around 18 months post-Bitcoin halving. XDC could gain momentum by late 2025, especially if BTC's price reaches $150k-$200k. The anticipated high liquidity in the crypto market may also positively impact.
With a target price of $3 per token and potential for institutional applications, the analyst regards XDC as a leading candidate for success in the crypto market.
