Xencrypto.io publishes the first XEN Crypto Community Report to summarize and analyze the data gathered from inception to 50 days after. This report is the first in a series of research documents that will follow the progress of XEN. We analyze here the size of the community on each of the ten networks where XEN exists, the supply, liquidity, and we provide an in-depth look at the impact of XEN on the Ethereum blockchain. The report focuses also on the gas price and its relation to XEN’s value, as well as the cyclicity of the relationship between gas, the ETH price, the XEN price, and minting. The final part is a quick look at the two main competitors, Shiba Inu and Dogecoin.
