XCN , Chain back then , was a highly seeked coin 1 year ago, until it crashed 95% at once. According to Deepak.eth, CEO of Crypto.com, a single large margin call appears to have exacerbated the flash crash. As much as 500 million XCN worth of tokens purchased ($42.24 million at time of publication) through leveraged was liquidated within a short period .
All the scam coins ftt and luna coins pumping lately , it may actually be Scam Coins Season . Just today , Open Interest change/24h is on a 89.27%. We may actually see hundreds percents gains if this sh1tcoin gains traction.
Disclaimer: DYOR . This is not an investment advice .