The Xio pulled 50% Rally Adid Bithumba and the growth of ecosystems

Today, KSIO increased 50%, before its entry on the leading South Koraja exchange, Bithumb.

Xio Network (Xio) spread to Intraday High $ 0.015 during the morning in Asia, 25. April, more than doubling from their monthly falls and raising their market cap last $ 207 million.

Today’s rally started BithumbAnnouncement that the Blood Couple for KSio later in 17:00 KST.

The entry price is set to 15.30 blood (about $ 0.0107), and trading will open two hours later, with deposits and retreat, exclusively on the Etherum network.

It is also a growing excitement around XiO’s technical development events. Recently network launched Public beta beta of own layer-1 blockchain, Xio layer one, together with a new service toker called XL1.

The new token will submit transaction fees, gas, execution of contracts and the user award, while the original Xio token will focus on management and commitment.

The metrics on the chain also show strong growth in their position within DeFe Space, and TVL climbs to over $ 91 million, 8. April 37 million. It followed almost 300% of the spikes in everyday active addresses, suggesting the growth of users.

Santimental data supports this, showing a constant climb in the number of wallets held between 10,000 and 100 million kio tokens. This suggests whales and medium-sized owners accumulate, can be expected more upside down.

KSIO price analysis

At the One-Day Center / USD Cheni Chenis, the long-term descending trend broke out, signaling a pure bikovski turnaround.

Now trading above the 50-day and 200-day movement of average, which is a strong sign that the bulls have control.

Indicators such as MACD and RSI also flash green, showing that increasing power behind miting.

Based on this setting, the next potential target for Xio is $ 0.025, which has so far marked its per year. However, with the RSI now above the overdraft zone, short-term violations could appear before it gathers continues.

Market quizzylitors share similar expectations, and some even higher goals. According to Javon Marks analysts, Xio could be prepared for a big move. He sees that the token headed for a goal of $ 0.06949, a potential 360% gain from current levels, now that Altocin forms lower high heights and swing is raised quickly.