Sleeper Pick Onyxcoin Surges 195% in 2 Days – Is This the Next Market Mover? 

Last updated:

Junior Content Creator

Harvey Hunter

Junior Content Creator

Harvey Hunter

About Author

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Last updated:

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Onyxcoin is one of few altcoins still riding the tailwinds of Trump’s 90-day “tariff war” pause, topping out at 195% gain over the 2-day period.

With this policy shift, risk-on sentiment has returned, and XCN has soaked up fresh retail liquidity with the market’s vote for the best crypto to buy now.

But after four months of straight downside, the rally may be running on fumes. As with any sharp run-up, what goes up must come down—$0.0238 could mark a local top.

Is Onyxcoin the Next Market Mover?

Onyxcoin rallied hard at the start of 2025, gaining over 2,000% in just two weeks—but the momentum didn’t last. Since Trump’s tariff war began in early February, XCN has dropped 80%.

Now, with that headwind lifted, signs of renewed interest are emerging.

Daily active addresses have surged to a 60-day high of 1,646, pointing to a rise in retail engagement and potential institutional interest.

XCN active addresses (24 hours). Source: Santiment.
XCN active addresses (24 hours). Source: Santiment.

More wallets transacting the token typically suggests broader network participation and confidence, a strong bullish signal for sustained growth.

XCN Price Analysis: How Long Can the Rally Last?

Onyxcoin may be nearing a local top as the rally begins to show its cracks.

The Relative Strength Index (RSI) has far surpassed the oversold threshold at 80, a sign of buyer exhaustion that typically precedes corrections.

XCN’s breakout has also overshot the $0.0155 top projected by the descending channel that’s capped price action since late February, adding weight to the case for a short-term correction.

A healthy correction seems like the natural next, shaking out weak hands and setting up a stronger base for a continuation of the uptrend.

XCN / USDT 1-day chart, descending channel breakout. Source: Binance.
XCN / USDT 1-day chart, descending channel breakout. Source: Binance.

Support at $0.01740 looks like a credible floor—marking a 27% drop from current levels.

But if profit-taking snowballs into panic selling, losses could deepen to 53% toward the key support zone at $0.011—a likely reversal point in a worst-case scenario.

However, with a potential Binance listing on the table, XCN has yet to benefit from the increased demand of the biggest crypto exchange—a potential catalyst for further growth.

This New ICO Helps Traders Get in Early on Tokens Like Onyxcoin

While altcoin sentiment is improving, the market remains weighed down by FUD—few coins are catching tailwinds like Onyxcoin.

That’s where MIND of Pepe ($MIND) steps in, giving traders a chance to get in early and stay ahead of high-gaining opportunities.

The MIND of Pepe AI will actively engage with the crypto community through X—driving conversations, uncovering alpha opportunities, and delivering exclusive, token-gated insights.

MIND of Pepe (MIND) presale website.

Inside its Telegram community, holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve.

At the time of writing, MIND has raised over $7.9 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.

You can keep up with MIND of Pepe on the mentioned socials, or join the presale on the MIND of Pepe website.