Is XDC Network A Good Investment?

tl;drXinFin (XDC Network) is an enterprise-ready hybrid Blockchain technology company that tries to make itself optimized for international trade and finance. The XinFin network is fuelled by the native coin called XDC. With 2,531% Return On Investment (ROI) over the past year, XDC provided its investors with a profit of almost triple of its similar projects in the market, which had only 877% ROI. Talking about market capitalization, XDC Network is ranked 77 among all crypto projects in the market by the time of writing this post, with an approximately $1.6 billion market cap. Although XDC is ranked amongst the top 100 projects of the market, its liquidity score is 38 below the market's average score, which means that you might face challenges selling your XDC if the market is falling.
Is  XDC Network A Good Investment?
Is XDC Network A Good Investment?
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Introduction

XinFin (XDC Network) is an enterprise-ready hybrid Blockchain technology company that tries to make itself optimized for international trade and finance. The XinFin network is fuelled by the native coin called XDC. The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS) aims to improve the overall deficit in the global infrastructure using Blockchain technology. This company has revolutionized the concept of peer-to-peer transactions by using community-driven digital assets in an open-source blockchain platform. The core idea behind it is to make the transactions more secure and transparent among the parties involved in cross-border trade.

How Does XDC Network Work?

The XDC network is consists of two kinds of network states, namely public and private states. The part of the network that all participants can easily have access to is called the public state. It is possible for retail users to open their wallets/accounts and freely buy, sell, or trade XDC tokens.

It is provided for institutional participants to run private sub-networks. The public state does not have access to the transactional and messaging activity on these private networks. These private sub-networks are hosted by special nodes called "masternodes."

These private sub-networks are used to make restricted visibility of and secure access to the private blockchain state possible. Moreover, some enterprise applications can be built upon these private sub-networks.

Financial Analysis

With 2,531% Return On Investment (ROI) over the past year, XDC provided its investors with a profit of almost triple of its similar projects in the market, which had only 877% ROI. However, XDC underperformed in comparison to the top 1500 projects of the market average ROI. The top 1500 projects of the market saw an average ROI of 3,692% over the same period. You can have Free access to our full ROI report on our website.

Talking about market capitalization, XDC Network is ranked 77 among all crypto projects in the market by the time of writing this post, with an approximately $1.6 billion market cap. Our data shows that XDC's ranking followed an overall increasing trend over the last five months, starting at 102 on May 6, 2021, and peaking at 65 on July 5. Although XDC is ranked amongst the top 100 projects of the market, its liquidity score is 38 below the market's average score, which means that you might face challenges selling your XDC if the market is falling.

Almost like its market capitalization ranking, overall, XDC's price increased during the last five months, starting at $0.0018 on May 6, 2021, peaking at $0.18 on August 21 and reaching $0.13 by the time of writing.

Another critical factor in determining the success of a project is gaining public attention. Our data indicate that XDC's Twitter account followers saw a growth of 61% over the last five months, increasing from 34k on May 2, 2021, to 56k on October 2. XDC's popularity on Telegram and Reddit also increased over the same period, with its Reddit subscribers and Telegram channel users going up by 210% and 17%, respectively.

Is XDC Network the best cryptocurrency to invest in?

We are here to help you make smarter financial decisions by freeing up your intelligence through making it easy to compare thousands of coins. We do all the hard work for you and help you remove emotions from your decisions. However, making an investment decision requires considering your own financial situation and comparing your investment options.

To see our reports and easily compare the available investment options, check out our website.

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