What is XYO crypto? The currency behind the DePIN project, XYO Network, is ripping higher at press time. Adding 36% in the last 24 hours, the token outperforms leaders like Bitcoin and Solana, which are struggling for momentum.
As expected, the uptick in XYO price has seen the average trading volume skyrocket by 1,100% during this period. This shows that traders are keen to get in and have been actively swapping on the last trading day.
(Source)
The influx of traders and investors presents an opportunity for holders to “HODL” and ride the wave higher. As they do so, they may also explore other promising projects, including Wall Street Pepe. But first.
What is XYO Crypto?
XYO powers the XYO Network, a DePIN project with roots in the United States.
The decentralized platform uses nodes distributed across multiple locations for accuracy and data validation. Roughly eight years after launching, XYO Network has over eight million nodes and is among the largest projects in its category.
XYO Network effectively allows smart contracts to interact with real-world data without hitches by using proof-of-location and proof-of-origin technologies.
For what it brings to the table, XYO Network can power logistics and even eCommerce operations.
Why is XYO Crypto Rallying?
While XYO is up 220X after dropping to its all-time lows in March 2020, the surge of the last day follows unconfirmed rumors that Tesla, the electric car manufacturer, and World Liberty Financial, a company associated with the Trumps, may partner with XYO Network.
The source claims that the project was introduced to the founders of World Liberty Financial by a person who was among the first supporters of the DePIN project. The person in question is reportedly “at the very top of the United States government.”
I will say this: my team has an inside track to the person at the very top of the U.S. Government—an individual who, as of today, signed a pro-crypto EO.
The very first $XYO token holders I brought into the project are the founders of @worldlibertyfi. Get ready. ?️?
— Scott P. Scheper ?️ (@ScottScheper) January 23, 2025
Without confirmation, those claims will remain just that, “rumors.” However, if proven accurate, such a partnership could fuel another leg up, even pumping XYO to November 2021 highs.
Time to Buy Wall Street Pepe (WEPE)?
XYO holders can now choose to buy even more as they ride the newfound media attention. While they are in the money, they may also consider diversifying by buying Wall Street Pepe (WEPE), an equally potent project.
Wall Street Pepe has been shattering records, raising over $63.5 million in the ongoing presale.
WEPE is not your ordinary meme coin. It aims to disrupt the $100 billion industry by adding utility and safeguarding retailers against rampant whale manipulation.
As such, WEPE demand has been spiraling recently, raising hundreds of thousands of dollars from the community each day. Nearly two weeks remain before the presale ends, and each token is available for just $0.0003665.
At the pace at which WEPE raises funds, there’s no doubt that once the $100 million level is breached, the token may list on top exchanges.
Once listed, WEPE may soar to command a $500 million market cap, heavily rewarding early adopters, just like how XYO did.
