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XYO Token: Everything you Wanted to Know as a Beginner before Investing!

XYO Token (XYO) is one of the top 150 most popular cryptocurrencies currently. In terms of market cap, it is currently the 136th largest digital currency (over US$612.06 million in market capitalizations). Should you invest in it? Is it a good investment? To answer all your queries, let me walk you through XYO coin, how it works, and many more.

What Is XYO Token Coin (XYO)? How does it Work?

Arie Trouw, Markus Levin, and Scott Scheper (the founders of XY Labs) founded the XYO blockchain networks in 2017. The XYO protocol or XY Oracle network runs on the Ethereum blockchain. It was in 2018 that the first-ever XYO coins (which are actually ERC-20 tokens) were mined.

XYO is a "geospatial oracle network" (or geospatial blockchain) that helps developers build blockchain apps that run smart contracts by using:

  • Location-based data
  • Shared incentives

It is the oracles that link the location data of the real world to the blockchain.

One of the unique aspects of XYO is that it has developed a Geomining Coin App that helps users mine the XYO coins on their mobile devices. The location of users is verified by the app by using XYO technology. Through this process, the concerned app prevents location spoofing. To protect the safety of its users, the Geomining Coin App contributes anonymous data to the open-source XYO Network XYO.

For faster mining and monthly geodrops, you and other users can purchase Coin App subscriptions.

XYO Token (XYO): Facts & Figures

All these facts and figures (as of November 5, 2021) will help you to make a decision on investing in XYO. Before making XYO coin transactions, check out these facts and figures associated with this cryptocurrency of choice:

  • XYO Token XYO Price: US$0.04699 (Current Coin Price)
  • 24hour Trading Volume (24h Volume): US$216,112,448
  • All-Time High (ATH) Price: US$0.05962 (reached on Sep 10, 2021)
  • All Time Low (ATL) Price: US$0.00009607 (reached on Mar 13, 2020)
  • 24h Low: US$0.03998
  • 7d Low: US$0.02778
  • 30d Low: US$0.02298
  • 90d Low: US$0.007693
  • YTD (Year-To-Date) Return: 21321.77% YTD (Year-To-Date)
  • Market Cap: US$612,065,026 (US$612.06 million)
  • Crypto Rank (in terms of market cap): 136th in the crypto market
  • Fully Diluted Market Cap: US$5,099,898,728
  • Max Supply: ---
  • Total Supply: 13,960,974,963
  • Circulating Supply: 12.84 Billion XYO

These are the facts that make XYO coin the preferred medium of exchange. Always check out market data and technical analysis before trading or investing. Also, consult crypto financial advisors and get tips from them on trending coins and how to earn crypto easily.

XYO Coin Price Prediction:

  • According to Wallet Investor, the average price of XYO is going to reach around:
  • US$0.0637 by 2022-end
  • US$0.0.148 by 2025-end.
  • According to DigitalCoin, the average price of XYO is going to reach:
  • US$0.0520 by 2022-end
  • US$0.0909 by 2025
  • US$0.1287 by 2028.
  • According to PricePrediction, the average price of XYO is going to reach:
  • US$0.14 by 2025
  • US$0.88 by 2030.

Where can you Buy XYO Tokens?

You can buy XYO coins on almost all reputed cryptocurrency exchanges, including:

  • Coinbase Exchange
  • KuCoin
  • ZT
  • HitBTC
  •, and many more.

You can use credit cards, debit cards, or money transfers from a bank account to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange.

The most popular price pairs for FIL are:

  • XYO/EUR, and many more.

Before investing, check out historical data of the token XYO, crypto news, XYO Token price charts, price performance, market updates, XYO to USD (United States Dollar) exchange rate, and others.

What are the Best Crypto Wallets to Store XYO Coins?

The best XYO Token wallets to store XYO coins are:

  1. Ledger Nano X Wallet
  2. Ledger Nano S Wallet
  3. Trezor One Wallet
  4. Trezor Model T Wallets
  5. Trust Wallet
  6. Atomic Wallet
  7. MyEtherWallet

Invest in XYO Token and Other Cryptocurrencies

You can buy and sell XYO and other virtual currencies against various fiat currencies (US Dollar USD, British Pound Sterling, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Taiwan Dollar, Russian Ruble, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs or mobile app, and XYO Token markets. Use the Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility.

If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit.

You can also diversify your crypto coin portfolio by including other digital assets such as XYO, XMR, FIL, ETC, WBTC, BCH, BTC, AAVE, Ripple XRP, Bitcoin Ether ETH, Bitcoin Gold (also called Bit Gold), Bitcoin Cash BCH, Basic Attention Token, Ethereum Classic, Shiba Inu SHIB, Binance Coin, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, and others.

Invest in cryptocurrencies, various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return.