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XYO Price Surges After Addition on Coinbase

thenewscrypto.com 10 September 2021 23:35, UTC
Reading time: ~2 m

XYO is as complex as a profitable network. The XYO Network is an oracle network that collects and validates geospatial data anonymously. Four different major products drive the network. The Sentinel enables network-enabled gadgets to register positions near together to the blockchain. 

This technology enables the movement of physical objects to be monitored more precisely and permanently. Additional tools such as Bridge, Archivist, and Diviner may be used to verify occurrences in particular geospatial areas and store data in a repository.

The network is very state-of-the-art, and it is thus also highly complex. Fortunately, the network focuses on teaching consumers about using cases for its products.

Coinbase is creating headlines of its latest trading floor additions. One of them is the XYO (CCC: XYO-USD) network, and now it benefits enormously. The buy-in is minimal, and the profits have been enormous, from a fraction of a penny to a current price of more than three cents. It is not surprising, therefore, that investors are looking for XYO price forecasts.

Advantage of Addition on Coinbase

When crypto is introduced to the trading floor of Coinbase, it’s a great deal; word of addition of crypto typically brings large profits. On Wednesday, the exchange stated that XYO is going to start trading on its application today. 

Of course, on its debut day on Coinbase, it garnered an astounding 68 percent. The volume of trade is also up 300 percent, due largely to the low buy-in price of the token. The network causes a lot of turmoil with its gains. But can it keep it up is something we have to wait and watch.

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