Why is Xtra Fund (XTRA) crypto rallying over 110%?

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Why is Xtra Fund (XTRA) crypto rallying over 110%?

Xtra Fund (XTRA) crypto
Image source: © Alexandersikov | Megapixl.com
Highlights:
  • Xtra Fund (XTRA) claims to be the first crypto project with an investment protection feature.
  • It returned gains of over 103% in the last seven days.
  • It saw the highest price of US$0.007627 in the last 30 days.

The Xtra Fund (XTRA) crypto gained significant traction on June 13, as its price soared over 114%, while its volume in the last 24 hours skyrocketed by more than 4724%.

On the other hand, the global crypto market slumped below the US$1 trillion mark on Monday for the first time since early 2021. Its market cap declined 12% to US$964.29 billion at 10:22 am ET on June 13, while its one-day volume rose 84.29% to US$148.07 billion.

The decline in major cryptocurrencies dragged down the broader crypto market, but for Xtra Fund (XTRA), the past 24 hours have been a boon.

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What is Xtra Fund (XTRA) crypto?

Xtra Fund (XTRA) claims to be the first crypto project to have an exclusive investment protection feature called Xtra Protection, which protects up to 90% of users' staked amount during a bear market. In addition, it provides rewards when the market goes on a bull run.

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The Xtra Protection feature supports around 80% of its circulated tokens. The tokens are managed by highly secure, decentralized smart contracts inaccessible to even the project team.

The protection feature is backed by an automated algorithm designed to survey market conditions.

Xtra Fund offers users a robust return on investment (ROI). It rewards them through a fund linked to the loan market. It also provides business-to-business loans in the European market.

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The project focuses on safety, security, and user rewards. The XTRA token can be traded on crypto exchanges like PancakeSwap (V2).

Also Read: Why is AMM Ellipsis token (EPX) rising?

Xtra Fund (XTRA) crypto price and performanceData Source: CoinMarketCap.com

Bottom line:

The XTRA token traded at US$0.001569 at 10:38 am ET on June 13, up 114.95%, while its volume skyrocketed 4724.00% to US$94,686in the last 24 hours. It has a fully diluted market cap of US$156.90 million, while its market cap and circulating supply are not provided in CoinMarketCap (CMC).

The token has a maximum supply of 100 billion, and its total supply is 20 billion. It returned 103.1% gains in the last seven days while increasing 358.15% over the last 30 days. It saw the highest price of US$0.007627 and the lowest price of US$0.0002593 in the last 30 days.

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