Loading...

XDN Price Prediction 2023-2032: Will Digital Note recover soon?

Xdn price prediction

Most read

Loading Most Ready posts..

XDN Price Predictions from 2023-2032

In the modern world, it’s difficult to remain anonymous and keep your personal data under wraps, especially regarding money and financial institutions. With every year that passes, more innovative technologies are being developed that can expose everything about a person with just a facial recognition or fingerprint scan. However, there’s one crypto project that is striving to keep users anonymous and their data private: DigitalNote Network (XDN).

XDN or DigitalNote is a decentralized, private and untraceable cryptocurrency that was first launched in 2014. Since then, the team behind the project has constantly been improving the technology to make it even more secure and anonymous.

The interesting fact about DigitalNote XDN is the network’s resistance to 51% attacks, resulting from the implementation of two separate systems: Proof-of-Work/Proof-of-Stake hybrid distribution and VRX v3.0 Difficulty Retargeting Algorithm. Since the network is now secured via both Proof-of-Work and Proof-of-Stake, that means an attacker must not only have 51% of the network hash rate but also 51% of the coins (which is highly unlikely). Although, the validity of that claim remains to be seen through time.

In this piece, we will look at the fundamentals of the DigitalNote Network, the price history of its native token, XDN technical analysis, and price prediction.

How much is XDN worth?

The live DigitalNote price today is $0.0000252 with a 24-hour trading volume of $4.22. DigitalNote is down 0.66% in the last 24 hours. The current CoinMarketCap ranking is #6889, with a live market cap of $205,483. It has a circulating supply of 8,157,737,551 XDN coins and a max. supply of 10,000,000,000 XDN coins.

DigitalNote Coin Price Analysis: Will XDN Overcome Resistance or Heed Bearish Warnings?

TL;DR Breakdown

  • XDN trading above key support level, suggesting short-term stability
  • Immediate resistance at $0.00002585 serves as a bullish indicator
  • Possible downside risk to lower support at $0.00001994

DigitalNote coin price analysis on a daily timeframe: Will XDN Break Free? Resistance and Support Levels in Focus

XDN/USD 1-day price chart. Source: TradingView

As seen on the 1-day price chart, DigitalNote (XDN) is currently trading above its support level of $0.00002226. This suggests some stability and a potential bullish outlook, especially if market conditions are favorable. The immediate resistance level to watch is at $0.00002585; a successful break above this could signal further upside momentum.

However, failure to move past this resistance might lead to price consolidation within a tight range or even a downward correction towards a new lower support level at $0.00001994. The Relative Strength Index (RSI) is at 43.78, which is in the neutral territory. This indicates that the asset is neither overbought or oversold at the moment, leaving room for either a price drop or a surge depending on broader market conditions.

DigitalNote Coin price analysis on the 4-hour chart: XDN Traders Face Dilemma as Technical Indicators Send Mixed Signals

XDN/USD 4-hour price chart. Source: TradingView

The 4-hour chart for DigitalNote (XDN) presents a complex picture with conflicting indicators. On one hand, the Supertrend is signaling bearish conditions, suggesting a potential downside. Conversely, the MACD (Moving Average Convergence Divergence) shows bullish tendencies, as the MACD line has crossed above the signal line. This usually indicates a short-term price gain and could mean that XDN is aiming for a higher target of $0.00002657.

DigitalNote Price Predictions 2023-2032

Price Prediction by Cryptopolitan

Year Minimum Price ($) Average Price ($) Maximum Price ($) 
2023 0.00003989 0.00004169 0.00004668 
2024 0.00006010 0.00006177 0.00006963 
2025 0.00008816 0.00009063 0.00010520 
2026 0.00012971 0.00013424 0.00015627 
2027 0.00017907 0.00018579 0.00022673 
2028 0.00025807 0.00026736 0.00030939 
2029 0.00037134 0.00038471 0.00044324 
2030 0.00054356 0.00055894 0.00064330 
2031 0.00079761 0.00081997 0.00092889 
2032 0.001 0.0014 0.0018 

DigitalNote XDN Price Prediction 2023

Based on thorough technical analysis and historical trends of the XDN network, the digital currency is likely to experience a significant surge in its trading price, reaching a maximum value of $0.00004668. However, it may also experience a retracement to an average price level of $0.00004169, and potentially even drop to a minimum value of $0.00003989. As per current market trends, XDN seems on track to end the year positively.

DigitalNote Price Prediction 2024

It is anticipated that the value of XDN will experience a significant increase in 2024. The digital asset is expected to reach a maximum price value of $0.00006963, with the average projected price for the year being around $0.00006177. The minimum forecasted price is $0.00006010, suggesting a promising outlook for XDN in 2024.

DigitalNote Price Prediction 2025

For the year 2025, the DigitalNote price forecast anticipates that XDN will achieve a maximum trading price of $0.00010520. However, the digital asset may experience a retracement to an average value of $0.00009063, while also finding support at a minimum value of $0.00008816. The predictions suggest a potential for significant growth in 2025, albeit with some market volatility.

DigitalNote XDN Price Prediction 2026

In 2026, XDN has the potential to reach a maximum trading price of $0.00015627, as per the average forecast for the year. The digital asset is likely to experience a retracement to an average forecast price of $0.00013424, while also finding support at a minimum value of $0.00012971.

DigitalNote Price Prediction 2027

The outlook for XDN in 2027 is optimistic, with projections indicating that the digital asset may reach a maximum trading price of $0.00022673. The bullish trend is expected to continue, though the asset may experience a retracement to an average value of $0.00018579. It may also find support at a minimum value of $0.00017907.

DigitalNote Price Prediction 2028

Based on trends from previous years, it is predicted that XDN’s price will continue to rise in 2028. The digital currency could potentially reach a maximum value of $0.00030939. However, it is also possible that it will experience a minimum price drop to $0.00025807. On average, XDN’s price is expected to be around $0.00026736 by the end of 2028.

DigitalNote Price Prediction 2029

According to our XDN price prediction for 2029, DigitalNote is expected to maintain a positive outlook, potentially reaching a maximum value of $0.00044324. However, the digital asset may also drop to a minimum value of $0.00037134. On average, the price of XDN is projected to be around $0.00038471 by the end of 2029.

DigitalNote Price Prediction 2030

For 2030, it is expected that the DigitalNote token will reach a maximum, average, and minimum trading price of $0.00064330, $0.00055894, and $0.00054356, respectively.

DigitalNote Price Prediction 2031

In 2031, we are optimistic that XDN will reach new highs with a maximum expected value of $0.00092889. The minimum price forecast for XDN is $0.00079761, while the average price is projected to remain at $0.00081997.

DigitalNote Price Prediction 2032

Based on our XDN price prediction for 2032, the digital asset is anticipated to reach a maximum price of $0.0018, an average price of $0.0014, and a minimum trading price of $0.001.

XDN Price Prediction by Technewsleader

Technewleader predicts considerable growth for DigitalNote (XDN) in the coming years. For 2023, the asset’s price is projected to range between $0.00004593 and $0.00005192. By 2024, it’s expected to increase to a range of $0.00006933 to $0.00008022.

In 2025, Technewleader forecasts the price to reach between $0.00009667 and $0.00011854. Fast-forwarding to 2027, the expected range is $0.00021266 to $0.00024819, assuming the current bullish trend continues. Looking long-term at 2032, the forecast suggests a price range of $0.001 to $0.002, indicating strong long-term potential for the asset.

XDN Price Prediction by WalletInvestor

Wallet Investor’s technical analysis and cryptocurrency price prediction algorithm suggest that DigitalNote (XDN) may not be a favorable long-term investment option. Based on their projections, there is a possibility that the price of XDN could decline substantially by up to 88.64% by 2024, with a potential low point of 0.00000228 USD.

XDN Price Prediction by DigitalCoinPrice

Digitalcoinprice’s analysis indicates a promising future for DigitalNote (XDN) with a steadily increasing price trajectory over the next decade. The maximum price is expected to rise from $0.0000441 in 2023 to $0.0000725 in 2025, and further to $0.0000920 in 2026. A period of stability is anticipated in 2027, with the maximum and average prices remaining relatively consistent. However, the asset is expected to gain momentum again, reaching a maximum price of $0.000150 by 2029 and $0.000391 by 2032.

XDN Overview

The XDN Network, or DigitalNote, is a blockchain platform built to facilitate secure, private, and fast transactions. Originating from the CryptoNote protocol, the network prioritizes user anonymity and secure data transfer. XDN Coin, the network’s native cryptocurrency, operates on a proof-of-stake (PoS) mechanism, allowing users to stake coins to validate transactions and earn rewards, making the system energy-efficient.

Key features of XDN include ring signatures for transaction privacy and encrypted messaging services. The network can also be useful for businesses requiring secure data storage and transfer. However, it faces challenges like regulatory scrutiny and scalability issues.

XDN Price History

DigitalNote, commonly known by its ticker symbol XDN, is a cryptocurrency that prioritizes privacy and security. Initially launched as “duckNote” in 2014, it underwent a rebranding to assume its current name. The asset has faced various market conditions over the years, often mirroring the broader sentiments in the cryptocurrency space. In its infancy between 2014 and 2016, XDN was relatively obscure, with prices remaining at fractions of a cent. During this period, the market was largely focused on cryptocurrencies like Bitcoin and Litecoin, making it challenging for smaller cryptocurrencies to gain substantial attention.

The year 2017 marked a significant turning point for XDN, as well as for the cryptocurrency market as a whole. The broad ‘bull market’ led to a surge in its price, which peaked at approximately $0.0065 by June 2017 and went on to hit its ATH of $0.1071 in January 2018. This uptick, however, was short-lived, as XDN entered a period of relative stagnation, often referred to as the “crypto winter,” that lasted through the remainder of 2018 and the entirety of 2019 and 2020. During this phase, the price was mostly flat, ranging between $0.005 and $0.01. This era was challenging for the DigitalNote community, as both the price and trading volumes suggested that only a significant change in either market sentiment or utility could rekindle interest in the asset.

A mild recovery was observed in early Q2 of 2021 as Bitcoin regained and even surpassed its former glory; investor confidence trickled down to altcoins like XDN. During this period, DigitalNote peaked at $0.0076. The bears soon returned to the market, impacting XDN greatly. At the moment, the token is 99.98% below its all-time high.

More on XDN Network

What is DigitalNote XDN?

DigitalNote is a blockchain that has both digital instant transactions and high-security encrypted messaging. Its VRX v3.0 makes it invulnerable to 51% attacks, which often target other cryptocurrencies. Additionally, the network is usable on mobile phones with its lightweight wallet function.

DigitalNote Key Features 

  • Instant digital transactions-InstantTX is a new DigitalNote Masternode network feature that allows users to send and receive XDN almost instantaneously. When a user requests an InstantTX, the transaction is broadcasted throughout the entire network via the Masternode Network.
  • High-security encrypted messaging-DigitalNote is one of the first cryptocurrencies to successfully defend against 51% attacks. Our Proof-of-Work/Proof-of-Stake hybrid system distribution and VRX v3.0 Difficulty Retargeting Algorithm allow for greater security against would-be attackers. Now that our network defenses utilize both PoW and PoS, an attacker would have to control 51% of the hashrate and a majority (51%) of the coins, something that is highly improbable.

The VRX v3.0 Difficulty Retargeting Algorithm is responsible for maintaining a balance between stakers and miners while verifying blocks for spacing and rejecting them if they don’t comply with one of the main criteria of the chain.

Digital note is also Inviolable blockchain technology, usable on mobile phones, and has low power consumption, leading to longer battery life for laptops and phones.

DigitalNote is a decentralized network that is powered by a Masternode network. The Masternode network enhances the features of DigitalNote and provides an incentive for users to secure the network. The DigitalNotenetwork also enables instant private transactions and P2P messaging that are impossible to trace or censor. By incentivizing miners and stakers with network fee payouts, we ensure that blocks are generated consistently, and the network is lightning fast. 

How XDN Network works

DigitalNote uses a hybrid distribution system, which means it employs both PoW and PoS blockchains. While this method is relatively new, not many blockchains have a difficult enough time algorithm that can manage the time between generated blocks for either type of system. In order to provide for the proper shuffling of generated block types throughout a full hybrid blockchain, a custom difficulty retargeting technique known as “VRX” was developed by DigitalNote. 

This system is also used to lessen the load on servers by providing for more dynamic block types. As a result, XDN can run quickly and smoothly on many devices without putting too much strain on any one mining rig or computer.

PoW/PoS Blockchains: How do they operate?

The key to understanding how the XDN network works is to understand the relationship between PoW and PoS blockchains. In a traditional PoW system, miners generate blocks using their computational power to solve complex mathematical problems. The first miner to solve the problem gets to add the next block to the blockchain and is rewarded with a certain amount of coins.

In a PoS system, on the other hand, blocks are generated by users who stake their coins in order to verify transactions. The more coins a user stakes, the more likely they are to generate a block. When a block is generated, the staker gets to keep a portion of the transaction fees as a reward.

The XDN network uses a hybrid system in which both PoW and PoS blockchains are used. The PoW blockchain is used to verify transactions, and the PoS blockchain is used to generate new blocks. Every ten minutes, a new block is generated on the PoS blockchain and added to the PoW blockchain. This ensures that all transactions are verified and that new blocks are generated regularly.

The main advantage of this system is that it is much more energy efficient than a traditional PoW system. In a traditional PoW system, miners use up a lot of energy to solve the mathematical problems required to generate new blocks. This can lead to high electricity bills and is not very environmentally friendly.

XDN’s Vision and Mission

DigitalNote’s vision is to provide a simple, safe, and secure way for people to store and transfer value. We want to make it easy for anyone to use cryptocurrency without having to worry about complicated wallets or exchanges.

Its mission is to build a global community of users who believe in the power of blockchain technology. They also want to empower people to control their finances and use cryptocurrency in their everyday lives.

DigitalNote is working on several projects that will help them achieve its vision and mission. One of these projects is the development of a mobile wallet that will make it easy for people to store, send and receive XDN. They are also working on a project that will allow users to buy and sell XDN directly from their wallets.

The DigitalNote team is made up of experienced blockchain developers and marketers who are committed to providing a simple, safe and secure way for people to use cryptocurrency.

DigitalNote (XDN) network utility token

The XDN coin is the cryptocurrency of DigitalNote, which was created in 2014. The cryptocurrency was originally known as duckNote. It was subsequently renamed XDN in 2015.

The XDN token has distinct advantages that have contributed to the project’s growing popularity. For example, the token utilizes a rather old and established Proof-of-Work system to safeguard against fraud, making the crypto money quite secure. It uses a peer-to-peer structure through which users can have privacy. Additionally, the XDN coin has a minimum commission amount.

XDN can be purchased on the exchanges shown below:

Conclusion

The performance of DigitalNote (XDN) over the past year paints a picture of pronounced volatility, a characteristic it shares with many other cryptocurrencies. A 76% dip in the past 12 months, and a 42% decline in the last 30 days— reveal a pattern of sustained downward pressure. Such figures corroborate the prevailing negative sentiment around the token, further intensified by its low market capitalization and lackluster trading volumes.

However, it’s worth noting that despite the considerable challenges, XDN has managed to stay 151.8% above its all-time low. This could potentially be construed as a relative indicator of resilience, especially if one considers the possibility of a broader recovery in the crypto market. Given that the primary objective of the DigitalNote network is to provide enhanced anonymity, any substantial advancements or innovations in this realm could act as catalysts for a change in its current price trajectory.

The current low price does present a potential entry point for investors, but it is also imperative that caution is exercised. Entry into any investment, especially one as volatile and speculative as cryptocurrency, should be based on thorough due diligence and risk assessment.

FAQs

Where to buy XDN token?

DigitalNote (XDN) can be purchased via HitBTC, Bittrex, and PancakeSwap (dexscan).

Is 2XDN a fork of XDN?

No. XDN is the native blockchain of DigitalNote, while 2XDN is a new ERC-20 token that will be launching on the Ethereum blockchain to enhance the overall offering of our DigitalNote suite of products. The token will be distributed as a staking reward to XDN holders for the XDN they will be staking.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Share link:

Alden Baldwin

Journalist, Writer, Editor, Researcher, and Strategic Media Manager:With over 10 years of experience in the digital, print and public relations industries, he has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a a self sustaining institute that provides free education. He is working towards funding his own startup.As a technical and language editor, he has worked with multiple top cryptocurrency publications such as DailyCoin, Inside Bitcoins, Urbanlink Magazine, Crypto Unit News and several others.He has edited over 50,000+ articles, journals, scripts, copies, sales campaign headlines, biographies, newsletters, cover letters, product descriptions, landing pages, business plans, SOPs, e-books, and several other kinds of content.

Stay on top of crypto news, get daily updates in your inbox

Related News

Cryptopolitan
Subscribe to CryptoPolitan