XCN Has 40 Hours Left…

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Summary

➡ In 40 hours, Onix Coin and XEAN token holders will vote on a significant decision. Justin Sun, a prominent figure in the crypto world, has agreed to stake his tokens for two years, showing his belief in the project. If the vote passes, Sun and a major exchange, HTX, will purchase and stake a large amount of XEAN tokens, which could greatly increase the token’s visibility and value. This is seen as a positive development for the Onix Coin and XEAN token.

Transcript

Onix Coin and XEAN, the token, have a date with Destiny in 40 hours. In 40 hours, a decision is going to be made. A very important vote. And when we talk about decentralization when it comes to cryptocurrency, it always comes down to a vote. And an opportunity that, honestly, I didn’t think I’d even be a part of right now. I did a video in the middle of the night because of some tweets, some accusations that Justin Sun put out. Justin Sun, a big head of Tron, the Tron network. And I just got a request to do a video from Onix Dow, and I’m going to share with you what they asked me and what we talked about because they asked if I’d do an update video, not take down a video.

Which is very nice to do an update video. And as an investor and actually owning a pretty good chunk of the pie and looking at this vote, it’s very important that people take a look at this. So let’s share a couple of things first. And just, you know, if you own XEAN, type it down below, get the algo fired up. We are, as of right now, number third most looked at and talked about crypto, ongoing market cap. As a matter of fact, you can see it right here, the most trending. We are number three right now.

All right. So this is the video that I’m going to end up taking private after this video comes out. I’m going to explain why. It comes down to this. When we talk about 40 hours, there is a vote that has been put before all Onix coin owners to vote on. Justin Sun has deleted his tweets, his accusations, and Onix came out and said, hey, not only did we fix this problem that HTX, a massive crypto exchange that they thought we had, it was because of an issue that happened in 2022. They got it fixed. Well, in the going back and forth, this is what happened.

Onix is thrilled to announce the resolution of an unrelated XEAN issue with not only the exchange, XTX Global, but Justin Sun. Justin Sun, as you notice right here, has 3.7 million followers. They’re all crypto. It’s a big deal. Check this out. This is the message from Onix. They said, hey, Justin, this is to me and Onix. Justin deleted his message. Can you update your video? Thanks. I started asking about all of the particulars and they were very nice and they answered my questions. They said, is Justin actually going to be staking? They said, yes, he will stake it and be a part of the DAO.

He agreed to lock up his tokens for two years and not use them. So we go through this conversation and here we go. I’m going to take you to the DAO. So this right now, we have 40 hours left for people to vote. As of right now, only four addresses with their cumulative amounts have voted against this, $122 million against to $211 out of eight addresses. This is a very important vote. I’m going to explain why. It’s OIP 51, HTX Market Support for XEAN Part 1. There’s a Part 1 and a Part 2. They’re going to be set up in two tranches.

It says here, this is going to grant $1 billion XEAN to HTX and Justin Sun tokens. Let me explain that. They’re going to be buying it for a set amount. This is out of this portion right here. When you go to CoinMarketCap, if you don’t understand how this works, the market cap right now sits at $657 million. Total supply is $48.4 billion XEAN tokens, but the circulating supply that’s out and available in your wallet, my wallet on exchanges, is $30.79. That means they have an additional around $18, give or take, a little bit billion dollars to work with for the DAO, for staking rewards, and for an offer like this.

And this is why it’s a big deal. This OIP is the first of a two-part proposal that will grant the first allocation of $500 million XEAN tokens from a total of $1 billion to both HTX, the exchange, and Justin Sun. Using the public wallet, and how cool is this? Y’all get to watch this, right? If this goes through, Justin Sun and HTX will purchase these tokens. They will go into that address, and you will watch them stake it right here. Both of them will be involved in staking and governance, and governance is this right here, when you’re voting for things.

Look, there’s a time limit. You go vote for or against, and then they will be part of that governance because they will be controlling after two tranches, two sales, 1 billion tokens, which is, I mean, way less than 5% of the network, but you see what I’m saying. But it’s going to be locked up for two years. That’s a big deal. I want you to understand this, and this is where it comes down to separating your emotions from facts and fundamentals, okay? As running companies that have boards, I’m always looking for great talent, and I want the talent to come in and be able to accentuate what we’re doing at our company, right? Well, right here, H.E.

Justin Sun is well known as the founder of Tron, which recently invested $30 million into World Liberty Financial, which has links to President Donald Trump and his commitment to innovation, okay? The timing of this is very interesting, and it’s changing my trading decisions for XCN right now. Part two of the proposal simply will be published on February 1st, and it’ll be the second tranche of 500 million tokens. The total budget, let’s just put it this way. Let’s make this very simple. If this happens, a major player in the cryptocurrency space around the world will be talking about the fact that he and a major exchange just put their money where their mouth is, bought a bunch of XCN tokens and staked them and locked them up for two years because they believe in it that much.

Do you understand how big of a deal this is? Regardless of how this agreement came to pass, maybe let’s just say that this was serendipitous. They saw something weird. They were calling out XCN, XCN, and Chain fought aggressively, said, we didn’t do anything wrong. Check this out. This is the problem from 2022. Those kind of issues happen, and then all of a sudden you see them all talking, and they start looking at the project and going, you know, this is pretty awesome. You know what? Can we invest in it? And rather than the Onyx Dow and Chain going, the heck with you, screw you, get out of here.

They went, well, you know what? This may have happened for a reason. So, yeah, why don’t we set this up? Having a major exchange staking is going to be a huge deal. As a matter of fact, I wouldn’t be surprised if all of a sudden you see that exchange going, hey, to all of our people that are members of this exchange, if you want to buy Onyx coins, you could just stake them right here and make it a lot simpler in your own wallet. It’s going to be a big deal, especially for people that don’t want to mess with decentralized wallets, right? I see this as a big deal.

So, I never thought I’d be a part of this. I took my extra cash and bought more tokens today, okay? So, regardless of how this happened, it’s happening. So, you’ve got 40 hours left to decide to vote. So, are you going to vote yes or against? I’m going to be honest with you. I’m going to vote for. I hope you got something out of this. Thank you for watching. I’m not going to be selling my XCN tokens anytime soon. This is incredibly bullish. If it goes through, we’ll find out in 40 hours. With that being said, the Economic Ninja is out.

[tr:trw].

See more of The Economic Ninja on their Public Channel and the MPN The Economic Ninja channel.

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