XDN DigitalNote Comeback?

XDN DigitalNote trading volume dropped to 42 BTC on the second day of CO window on June 10, after reaching its peak on June 5 with a trading volume above 2700 BTC. As far as this goes, the market is still looking at Bitcoin and Ethereum, and it looks like they are taking a little break after the surge in the last couple of days.

XDN holders are still taking the pressure since the CO window did not record any further sales, in which the digital currency struggles around 180.

Is XDN DigitalNote Baking a Significant Surge?

We believe that the digital currency is fueling its trading volume after hitting as low as 42 BTC on HitBTC. Since the cryptocurrency exchange site was under DDOS attack, it looks like it is operating as usual in the last 24 hours. XDN, however, made a good run towards to the top of the table again (currently the second highest trading volume with 1449 BTC) just behind Ethereum (1991 BTC). We would not be surprised if XDN with this comeback to get back to the top of the table again after losing it a few days ago.

Why Does Trading Volume Matter?

Our market observations in the last month clearly show that XDN slow-cook its surge by fueling its trading volume and then surge in a very short time. We recap June 3, 4, and 5 when the digital currency surged from 73 to 201 within a few hours only, and then continued to surge to above 300 just in two days after the surge started. That happened right after the IC window started, when traders did not take the digital currency seriously saying that it is not going to go over its market price (73 at that time). According to this, we believe that the growing trading volume is going to reflect positively on its price in the coming days.

UPDATE: High Volume Sales

It looks like XDN taking more attention now. We captured these high volume sales on HitBTC. (Current Trading Volume: 1548 BTC)

UPDATE: XDN PROGRESS 190 ON BITTREX

XDN DigitalNote looks promising timing its surge, that could be any moment.

UPDATE: XDN SURGES