Peter Thiel-backed crypto exchange Bullish (NYSE: BLSH) made a blockbuster debut on Wall Street on August 13, nearly doubling from its IPO price. Citing an early opportunity, Cathie Wood’s Ark Invest purchased a staggering 2.5 million BLSH shares on the very first day. The BLSH stock ended 83% on Wednesday’s closing, from its IPO price
Onyxcoin has struggled since reaching a year-to-date high of $0.04 on January 26. It has since shed over 70% of its value to trade at $0.011 at press time.
However, the renewed optimism in the broader crypto market is shifting sentiment toward XCN, setting it up for a recovery.
XCN Traders Bet Big on a Comeback
On-chain data suggests that demand for long positions is increasing, hinting at a resurgence in traders’ confidence. At press time, XCN’s long/short ratio is at 1.35, its highest in over 30 days.
The long/short ratio measures the proportion of long positions (bets on price increases) to short positions (bets on price declines) in the market. A ratio below one means there are more short positions than long ones. Conversely, a ratio above one suggests that traders are taking more long positions, signaling a bullish outlook on the asset.
When the ratio is this high, traders expect the price to rise, increasing the buy orders in the market. If this continues, it will drive up XCN’s demand and, as a result, its price.
Additionally, the token’s weighted sentiment is positive, further reinforcing the notion that investors’ confidence in XCN’s short-term recovery is increasing. At press time, this on-chain metric stands at 0.82.
An asset’s weighted sentiment measures its overall positive or negative bias, considering both the volume of social media mentions and the sentiment expressed in those mentions.
When it is positive, it is a bullish signal. It indicates a growth in positive bias toward XCN, which could prompt its investors to increase their trading activity, driving up its value.
XCN Bulls Eye a Break Above Descending Channel
On the daily chart, XCN is poised to break above the upper trend line of the descending channel which has kept its price in a decline since January 26.
If successful, the bullish breakout could propel the token’s price to $0.022, a high it last reached on February 18.
If the downtrend persists, XCN could fall below the lower trend line of its descending channel which forms support at $0.0085. In this scenario, its price could drop lower to $0.0075.
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100X has officially launched one of its most powerful and forward-thinking ecosystem products to date—100X MEMEBOX—marking a bold leap into the future of structured, trend-driven wealth generation in the crypto space. In an industry where investors are constantly torn between risk and security, 100X MEMEBOX offers a fresh, intelligent approach: giving users access to market upside while eliminating the complexity of day-to-day trading.
What is 100X MEMEBOX?
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Why 100X MEMEBOX is Different
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The 5% monthly income is guaranteed, making MEMEBOX one of the most secure passive income opportunities in the crypto space. Whether you are a novice or an experienced investor, this feature offers peace of mind, allowing you to invest without worrying about market fluctuations. With a blend of consistent fixed returns and profit sharing based on actual trading performance, MEMEBOX gives users both stability and growth.
Investor Protection and Multi-Income Advantage
To further enhance investor confidence—especially for larger contributors—100X MEMEBOX has implemented a dual-layered fund management structure. For any investor contributing $1 million or more, their capital is divided into two equal portions:
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The other 50% is actively deployed for meme coin trading, leveraging the 100X team’s real-time market analysis and trading infrastructure.
This structure not only protects investor capital but also enables diversified income streams. As a result, 100X MEMEBOX investors can benefit from four types of income:
Fixed monthly income of 5%
Profit sharing from meme coin trading
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Airdrop rewards in the form of 100XT Tokens
Strategic Market Positioning
What sets 100X MEMEBOX apart is its bold and strategic positioning in this space. The 100X team has invested $3 million to purchase $18 million worth of a high-potential meme coin, acquiring approximately 20–30% of the coin’s total market capitalization. This significant holding gives the platform powerful leverage in wave-based trading and price cycles. With this infrastructure, MEMEBOX is able to capture upside and redistribute profits—empowering users to earn without trading on their own.
The Future of Crypto Investing
The launch of 100X MEMEBOX signals more than just a new product. It represents 100X’s commitment to innovation, market awareness, and empowering everyday investors. With MEMEBOX, users aren’t just investing in a trend—they’re investing with a strategy. More than that, they’re joining a movement that values clarity, consistency, and long-term value creation.
100X MEMEBOX is now live. The system is working. The trend is in motion. The only question left is: Will you follow the hype—or lead with strategy?
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100X has officially launched one of its most powerful and forward-thinking ecosystem products to date—100X MEMEBOX—marking a bold leap into the future of structured, trend-driven wealth generation in the crypto space. In an industry where investors are constantly torn between risk and security, 100X MEMEBOX offers a fresh, intelligent approach: giving users access to market …