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Cryptocurrency experts name the cryptocurrency that fell by 15% per day
The XDC Network (XDC) cryptocurrency has become one of the main newsmakers of the last seven days. All week long, industry experts have been observing the growth of the digital coin’s quotes, but over the weekend, crypto investors were disappointed.
Over the past 24 hours, the value of the cryptocurrency has fallen by 15.4%. Interestingly, despite such a severe correction, XDC quotes were still 16.8% higher than a week ago and 112.6% higher than the price recorded a month ago.
For reference: The XDC Network is a blockchain network that aims to form an infrastructure for the development of the decentralized finance (DeFi) sector. It is needed to provide a fast, secure, and cheap way to transfer asset value without the need to rely on third parties.
Thanks to XDC, users can easily send and receive digital currencies with lightning speed from anywhere. The technology used by the developers has made it possible to easily create and launch decentralized applications, giving users full control over their financial management.
At the time of writing, the digital asset is trading for $ 0.067 with a market capitalization of $ 928.73 million, a drop of 8.05%. Traders made daily trading deals with XDC Network worth $ 20.57 million.