The xen crypto project is a community-building cryptocurrency designed to bring like-minded individuals together. Its long-term aim is to become a universal cryptocurrency; to do this it relies on being open source, transparent and fair.
Smart Contract: Open source smart contract that tracks every claim rank without bias; free minting and self-custody features are also offered.
Decentralization
XEN crypto project is committed to decentralization in the cryptocurrency industry. Inspired by Satoshi’s original intent and designed with decentralization, transparency, and peer-to-peer value exchange at its core; users may claim, mint and stake XEN tokens using blockchain best practices like self-custody and trustless consensus for reliable value exchanges.
XEN coin is one of the easiest cryptocurrencies to mint, thanks to proof-of-participation (PoP). Anyone with an Ethereum-compatible wallet can mint XEN tokens by connecting their wallet to its smart contract. As more wallets connect, their cRank increases and they receive more tokens.
The XEN project offers no supply cap and free minting, making it less inflationary than other cryptocurrencies. However, investors should keep in mind that cryptocurrency investments can be highly risky; prior to investing in them it is vitally important that extensive research be conducted and consideration given to goals, risks and potential rewards before proceeding with investment decisions.
No supply cap
XEN crypto is an Ethereum-based project dedicated to community building and decentralization. There is no token supply cap and you are free to mint XEN from compatible Web3 wallets; however, minting requires funds (to cover gas fees) as well as an increased waiting period depending on user engagement.
Even in its current slump, XEN remains an attractive investment option that warrants consideration. According to Wallet Investor, it could reach $1 by 2030; however, given its volatility it should be treated as high-risk investment.
Moralis Money’s on-chain analytics make it easy to keep tabs on XEN’s performance by providing real-time price predictions as well as weekly, daily, and hourly data updates for this cryptocurrency. Plus you can save custom filters and collect Moralis Money beans to make more accurate XEN crypto predictions! Plus their Pro plan offers even more customizable filters while simultaneously narrowing your search results with shorter timeframes!
Free minting
The XEN crypto ecosystem is built upon the core principles of cryptocurrency: decentralization, transparency and self-custody. Furthermore, its entry barrier is low and community engagement high – its native token XEN is free in that participants do not need to deposit assets to mint new ones – this minting formula ensures equitable distribution amongst participants.
To mint XEN tokens, users must connect their wallet to the XEN smart contract and specify the number of days they wish to wait before receiving tokens – with this timeframe increasing as more addresses interact with its protocol. Once created, these XENs can be traded on popular decentralized exchanges like Sushiswap or Uniswap and provide investors with quality altcoins that performed well during previous bull markets – though their long-term worth remains uncertain.
Long-term value
Xen crypto is an open-source cryptocurrency designed to promote decentralization, consensus trust and self-custody. As an alternative to more popular bitcoin, this digital asset offers benefits like free minting features and decentralized trading; however, its token price has yet to reach significant levels.
Investors can predict XEN crypto prices with various technical indicators, including support/resistance levels, trendlines, moving averages and simple indicators like the Relative Strength Index (RSI). Furthermore, it is vital that investors stay apprised of key news events which could alter market sentiment and lead to price changes for this cryptocurrency asset.
Some XEN crypto price prediction tools provide a visual depiction of the average price over a specific time period, using moving average calculations. A moving average is calculated by adding each closing price in turn over a given period and dividing by its number; this technique helps identify trends in XEN cryptocurrency prices.