- XYRO token price increased by more than 12% today.
- The social trading platform started a survey to gather community feedback.
There is no limit for innovation in the fintech space. The synergy between AI technology and social trading is where the new XYRO project operates at. It hasn’t been a complete month since the project’s launch and it is already trending on various renowned crypto aggregator platforms such as CoinMarketCap.
XYRO token is trading at $0.01952 after recording a daily surge of more than 12%. While its market cap is standing at $1.8 million, its 24-hour trading volume surged by a whopping 582%. The significant increase in trading volume hints at a sustained price rally of the XYRO token. After reaching a peak of $0.02032, the token now fell in the $0.019 range. Despite the present 12% surge, the token price is multifold below from its peak of $0.08381.
What’s Driving the XYRO Token Price Surge?
The Xyro project is an AI-powered social trading platform that redefines how traders interact with markets. It combines gamified elements with social trading and brings out innovative applications. The Xyro platform went live on Jan 23 and the native XYRO token began trading with a starting price of around $0.06096.
The token reached its all-time high of $0.08381 after a couple of days of its launch. However, it has been trading downwards since then. It finally broke the downward momentum and surged over 12% today.
The Xyrp project is stirring enthusiasm among traders and its users with its promotional activities such as giveaways. It recently opened a survey asking its community members for feedback to improve the platform. The top participants of the survey will get rewards in terms of USDT and XYRO points. This could be one of the possible reasons why the token is surging today.
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