Onyxcoin (XCN) experienced a significant surge of 39% after being listed on Robinhood, reaching a peak price of $0.00695 before stabilizing at $0.0055. This price movement was accompanied by increased whale activity, with major holders acquiring an additional 28% of tokens within 24 hours, resulting in a net purchase of 636.6 million tokens.
The network saw a 219% increase in activity, driving trading volume to $45.53 million. A buy-sell delta of 110 million and an RVGI of 0.046 indicate strong market momentum, although an RSI of 48 suggests potential profit-taking. The market now awaits further moves from buyers and sellers to determine the next trend.
Onyxcoin Jumps 39% Following Robinhood Listing, Whale Activity Intensifies
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