$XNY is a decentralized data infrastructure platform that transforms raw data into tokenized assets, enabling AI developers to access and utilize high-quality datasets.
The sharp decline on August 19 was likely due to a correction after a significant increase earlier. The price of XNY surged dramatically in a short period, with a change of +126.5% on August 12.
At the same time, the overall market volatility was high, and changes in market sentiment as well as retail investors taking profits may have also led to a substantial drop in the price of XNY.
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