Price of crypto e-Radix, XEN and BONK

A look at three very young but at the same time very promising projects: e-Radix (EXRD), XEN Crypto (XEN) and Bonk (BONK).

Three emerging projects centered in the constantly evolving crypto and blockchain world. Today we at The Cryptonomist will share price analysis and insights concerning these projects.

Price analysis of e-Radix (EXRD), XEN Crypto (XEN) and Bonk (BONK)

Three emerging projects that have achieved incredible results in the past month, growing in value and implementing their capital thanks in part to the services they offer. The crypto world is growing every day also thanks to young and valuable projects such as these.

Let’s start by analyzing the price of e-Radix, which currently has a value of $0.0760, which has grown in the last 30 days by 93.35%, an extraordinary achievement.

Currently, the market capitalization of e-Radix is $55.9 million, with trading volume in the last 24 hours of $1.2 million. The circulating supply is 734.8 million EXRD, the project’s native token.

Next we find BONK, which has also matured a lot over the course of 2023, at the moment the value of the token is $0.00000093, and in the last 30 days it has grown 56% in value.

Its capitalization is $39.7 million, with a trading volume (in the last 24 hours) of $8.4 million.

The BONK token has a very large circulating supply of as many as 56 trillion tokens.

Last but not least Xen Crypto, which is probably one of the best performing projects in the past month, with a growth of 417%. The value of XEN is $0.00000457, a truly exponential growth.

Currently, the project’s market capitalization is $38 million, with daily trading volume fixed at $14 million. Xen Crypto also has a very large circulating supply, the number of XEN tokens is 8.7 trillion.

A deeper look into crypto projects: e-Radix, XEN and BONK

To fully understand what kind of projects we are talking about, it is necessary to delve into the specifics of the three projects.

XEN Crypto (XEN)

XEN is an innovative cryptocurrency that aims to fulfill the original mission of the blockchain, which is to create a decentralized, transparent, intermediary-free and peer-to-peer currency.

The philosophy behind XEN is simplicity: the token was launched without an initial supply and can be minted by anyone interacting with the XEN network contract, with no set maximum quantity.

Additional XEN can be obtained by “staking” the token, which can later be sold on the open market or reinvested for additional rewards.

XEN uses a smart-contract to manage the distribution of tokens, which ensures that all participants are subject to the same rules, guaranteed by the Ethereum blockchain.

XEN’s tokenomics system relies on several variables.

Users can “stake” their tokens and select the period for which they wish to block rewards: the longer the blocking period, the greater the return obtained.

In addition, the smart contract assigns each participant an XEN rank (cRANK), which determines a higher return based on how early the tokens were “staked” and based on the number of participants who performed the same transaction before us.

Bonk (BONK)

The Solana blockchain faced difficulties in the second half of 2022 due to the collapse of FTX, one of the largest cryptocurrency exchanges in the market, which was also one of Solana’s early investors.

The community feared that the collapse of FTX could also lead to the collapse of Solana, which caused an outflow of developers, a decrease in the unique addresses of the Solana portfolio, and a decline in the value of SOL in the last quarter of 2022.

Some reputable Solana NFT collections also decided to migrate to other networks such as Polygon (MATIC).

In this context, part of the Solana community decided to launch the BONK cryptocurrency project with the goal of saving Solana and attracting new users to the network.

BONK is a memecoin that uses a Shiba Inu as its image and does not have its own blockchain, but is based on the Solana network.

According to Bonk’s team of developers, the project is a “popular cryptocurrency” that allows users to interact with numerous platforms on the Solana blockchain.

The goal of the project is to bring a new wave of activity to the Solana network. Since it was launched in late December 2022, the project has already obtained 85,000 wallet addresses.

Bonk’s main goal is to provide utility to users within the Solana ecosystem as a digital currency. Bonk’s team of developers believes that cryptocurrency can revitalize the Solana blockchain and increase activity on Solana’s DeFi and NFT sectors.

To demonstrate their dedication to the community, the developers launched a massive airdrop of 50% of BONK’s total supply when the cryptocurrency was launched.

Despite being a relatively new project, Bonk has already established numerous partnerships on the Solana blockchain to demonstrate the usefulness of the BONK token.

According to Bonk’s website, the project already has more than 70 integrations on various platforms.

For example, users can earn BONK by playing Aurory Tactics or betting on AKEO NFT, create Bonk chat stickers on Dialect, bet with Bonk on Dual Casino, and participate in Bonk liquidity pools on Orca, Solape, and Raydium.

In addition, BONK holders can use various Solana-based DeFi protocols. Users can stake BONK on Dual Finance, borrow BONK on MargineFi, pay other users with BONK via Heliopay, and purchase NFTs on Solsea, one of Solana’s main NFT marketplaces. You can also get a .bonk web domain through the Onsol platform.

Bonk’s team of developers is constantly adding new partnerships and integrations to attract more users to BONK and the Solana blockchain.

e-Radix (EXRD)

The e-Radix cryptocurrency is a new crypto asset that uses blockchain technology. It is based on the e-Radix platform, which allows users to create and manage their own digital assets.

E-Radix is valuable because it is a blockchain-based platform that provides a secure and efficient way to manage and share medical data.

The platform allows physicians to securely share patient data with other physicians, researchers and insurers, while ensuring that the data is protected from unauthorized access.

E-Radix partners with numerous organizations, including the National Science Foundation (NSF), the Defense Advanced Research Projects Agency (DARPA), and the US Department of Energy (DOE).

These partnerships help e-Radix expand its reach and improve its technology.