X2 Token Blasts Up 14,000% Before Dramatic Rug-Pull and Crypto Analysts Say This Crypto is Next to Explode – 100x Potential?

cryptonews.com:

As On-Chain Summer continues to grip DEX markets, X2coin (X2) has undertaken the latest skyrocket pump, after an overnight explosion fuelled a +14,000% skyrocket.

The huge move comes amid a community-wide frenzy for straight-to-DEX on-chain projects, which in previous weeks have seen major narratives such as Telegram trading bots and Twitter X-themed post dramatic moon-shots as trading volume on DEX explodes.

And in the latest, X2coin has emerged as today's breakout coin, a spin-off of previous Elon Musk inspired, X-themed tokens, launched on the promise of replicating the success of other Musk-pump tokens.

Amid the dramatic price moves, X2Coin is currently trading at a market price of $0.0003289 (representing a 24-hour change of +6,911%).

Launched at just 2:30AM on September 7, X2coin met initially slow traction in the opening 5-hours of trading, with price moving just +500% - in a tightly controlled price range.

However, at 5AM this morning, as European markets began to come online, X2Coin exploded - in a magnificent +1930% move that saw price surge up to hit the $0.00025 price level.

But despite the sudden influx of volume, the upside move failed to capture the attention of markets - with a further 4-5 hours of tightly controlled consolidation following.

Then at 7:30, a well-defended leg-up catalyzed into a frenzy of volume, with more than $339k flooding over the subsequent 10 hours.

As almost 300 holders surged to take position, price skyrocketed up to an all-time high at $0.00078 - bringing gains for early backers to a majestic +14,000%.

However, as the saying goes all good things must come to an end - and the dramatic push up has been met with an equally dramatic retracement move which is underway - leading some to allege