Cryptocurrency YouTuber Lee the Captain made a bold prediction for Onyxcoin (XCN). In his video “XCN: Legendary Comeback Possible? $1 Realistic?”, the analyst with 49 thousand subscribers makes a case for why XCN could see a resurgence in the coming months.
At the beginning of his analysis, Lee expresses his belief that XCN could experience what he describes as a legendary comeback. While carefully noting this isn’t financial advice, his enthusiasm remains unmistakable. He believes that as this bull run continues to develop, the narrative around XCN will only get stronger, potentially pushing the price back to the dollar mark.
This is no small claim. Given XCN current price, reaching $1 would represent an approximately 80x return on investment. It’s the kind of potential that makes investors’ hearts race, especially those who’ve been holding through the downturn.
XCN Mainnet & Testnet: Key Development Milestones
Lee acknowledges the skepticism some investors might feel. Many people think ONX isn’t doing much, he notes, addressing the elephant in the room. The Goliath mainnet—described as an allegedly very amazing long blockchain—isn’t scheduled for launch until Q1 of 2026.
But there’s a closer catalyst on the horizon that Lee thinks many are overlooking. The testnet phase is planned for Q3 2025, and in Lee’s view, this milestone alone could spark significant price movement. You don’t need the full mainnet launch to generate excitement—the testnet could be enough to ignite investor interest, especially in a heated market.
Market Timing & Bitcoin Halving Correlation
XCN development roadmap aligns with historical crypto market cycles. Drawing on patterns from previous bull runs, Lee points out that altcoins typically peak about 18 months after a Bitcoin halving event.
The last Bitcoin halving happened in April 2024, which puts the expected altcoin peak around October 2025. This timing coincides nearly perfectly with XCN planned testnet launch in Q3 2025.
Lee explains that this timeline fits in line with what we’ve seen historically as a worst-case scenario for when altcoins usually peak. This synchronicity could create ideal conditions for XCN to capture maximum market enthusiasm.
XCN Growth Potential & Market Sentiment
Lee paints a vivid picture of what could happen when the market shifts into high gear. He asks viewers to imagine the scenario when the bull run hits fifth gear and the testnet launches. He emphasizes that it doesn’t even need to be the mainnet—just the testnet could be enough to drive substantial price action.
He connects XCN’s future to the performance of larger payment-focused cryptocurrencies like XRP and XLM. When these established players gain momentum, Lee suggests that interest naturally flows to smaller projects in the same category. As the saying goes, a rising tide lifts all boats.
Price Targets & Market Cap Expectations
At $1 per token, XCN would have a market capitalization of approximately $32.5 billion. While that’s a substantial figure, Lee puts it in perspective by comparing it to XRP’s current market cap of over $100 billion, suggesting that the target is within the realm of possibility during a mature bull market.
Lee also reflects on how dramatically sentiment can shift in the crypto space. He notes that people used to say $1 was bearish for XCN, with expectations of $3 or even $5. Now some of those same people doubt it will even reach 10 cents. This perfectly captures the extreme emotional swings that characterize cryptocurrency investing.
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Competition: XCN vs. XDC, XRP, and XLM
In the competitive landscape of payment-focused cryptocurrencies, Lee sees XCN potentially climbing to third place. While XDC currently holds a stronger position, Lee believes XCN has the momentum to challenge it.
Even becoming the fourth-ranked payments project would represent an enormous opportunity. Lee backs this up by pointing to the massive scale of the payments industry—valued at over $2 trillion—and the global trade and finance market, projected to reach $5 trillion by 2028.
Lee emphasizes that even if XCN becomes number four, that’s still great, highlighting the vast market that these projects are competing to capture.
Long-Term Strategy: DCA & Holding
Lee’s personal approach to investing in XCN is refreshingly straightforward. During pullbacks, he plans to continue what he’s been doing all along—dollar-cost averaging, acquiring, holding, and simply waiting. He proudly states that he doesn’t give up.
This patient strategy stands in contrast to the frantic trading that often characterizes the crypto market. Lee believes in the project’s long-term potential and is willing to weather short-term volatility.
He’s observed the trajectory of similar projects and sees a pattern. He’s watched where the market is heading and followed the trajectory of projects like XRP and XLM. According to Lee, it’s only natural that hype will eventually trickle down to other projects in the same sector, like XCN.
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The “Legendary Comeback” Potential
As he wraps up his analysis, Lee’s excitement is palpable. He expresses how much he’s looking forward to this legendary comeback, while adding an appropriate note of caution that only time will tell, and we’ll have to wait and see.
For those considering an investment in XCN, Lee’s analysis highlights several compelling factors: the upcoming testnet in Q3 2025, favorable timing relative to Bitcoin’s halving cycle, and XCN’s position in the growing cryptocurrency payments sector. If Lee’s predictions prove accurate, patient investors might find themselves rewarded with returns that truly deserve the label “legendary.”
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