X Empire (X) Price Prediction: How High Can X Empire Price Go？
The debut of the X Empire $X coin on October 24, 2024, was a significant milestone in the Telegram tap-to-earn minigame.
How the price of $X will perform following the launch is still crucial for both early adopters and potential investors in one of the most anticipated cryptocurrency launches of the year.
We provide a data-driven price prediction for X Empire ($X) in the analytical breakdown that follows, focussing on important market variables.
X Empire (X) Price Analysis
Fifty million people use Telegram, and X Empire (X) is among the most played games there. Most crucially, it has been mimicking the success of the 300 million-strong user base market leader, Hamster Kombat. Quickly becoming a hot commodity, X became live on several major cryptocurrency exchanges on October 24. Nevertheless, the X Empire price is now facing difficulties, similar to other popular cryptocurrency coins. Its value has decreased by 28.7 percent since introduction and by 2.84% in the past 24 hours.
X tokens have a market cap of $39.71M and a value of $0.00005678 per token as of the reporting time. At $36.57M right now, the trade volume is at an all-time low. The token’s launching price was $0.00009599, and its market capitalisation was around $100 million, according to an X article. There was a sharp increase in demand, as the trading volume reached $350M at that moment. But that has fallen since its airdrop volatility has been so high.
There are a lot of problems, starting with the player’s dissatisfaction with the X Empire airdrop and how the price has been going. As a whole, this is casting doubt on the longevity of this cryptocurrency among investors.
X Empire (X) Short-Term Price Prediction
Because it is an early-stage buzz and because the token will be distributed through an airdrop, the price of the $X token is likely to experience dramatic swings.
We expect the price of X Empire ($X) tokens to remain between $0.00015 and $0.0003 in the near future.
Prices might fall for a while if early adopters can cash in on their prizes, but this could be mitigated by active community support and high liquidity.
| Timeframe | Price Range | Influencing Factors |
|---|---|---|
| Short-Term (1 Month) | $0.00015 – $0.0003 | Airdrop sell pressure, initial excitement, market sentiment |
X Empire (X) Long-Term Price Prediction
The future of X Empire hinges on the ecosystem’s capacity to expand through collaborations, platform enhancements, and increased market acceptance.
Assuming continued growth, favourable tokenomics, and generally favourable market conditions, our long-term price projection for the X Empire token suggests the token can reach $0.0003 to $0.001.
Also, deflationary measures like burning tokens can boost the value of $X even more.
How High Can X Empire Price Go？
There has been no indication of an upward trend in the X Empire price, even after two days of consolidation. In spite of its fresh profile, the token is utterly disappointing to its holders. Having said that, it did have a rapid ascent, with the price increasing by about 400% in the first hour, followed by a severe decline. Still, the launch was not the beginning of the decline.
Curiously, a decline had already begun to show signals before that. Given the current state of both tokens, it is possible that X Empire is following the HMSTR pricing pattern, as some have even claimed to have witnessed it.
Similar to how HMSTR let down its holders, the X Empire pricing has failed to live up to expectations after listing. The IPO price was $0.00009599, which is less than half of what many investors and crypto analysts had predicted—$0.0002. But that wasn’t all; instead of going up to $1, the price fell to $0.00005678, further complicating the recovery.
Regardless, several crypto specialists have predicted that the coin will climb to $0.000106 next, taking into account its popularity and recovery from this instability. Some have even predicted that it will reach $0.000126 in the near future. More crucially, it reached its all-time high of $0.0001301 immediately after introduction; if the Bulls are favoured and season 2 is presented with the same enthusiasm, it is possible that it might cross that mark again.
After the Airdrop and Listing, Will X Empire Price Reach $1?
Holders are really worried about the X Empire price performance, even while demand is high. People are getting furious in X postings because the X Empire token team has blacklisted more people (44 million) than in the Hamster Kombat fiasco. The token’s success after the airdrop and debut could be hindered by these negative opinions at this critical juncture. Also, starting with a goal of $1 seems a little ambitious, what with the anticipated listing price being approximately $0.0002. It would be excessively spectacular if this recently minted cryptocurrency reached the $1 milestone so quickly, especially considering how many popular meme coins and tokens have struggled to do the same for years.
Nonetheless, the X Empire price is sure to rise as long as the bulls’ dominance and excitement persist. The token price will be affected by the volatility that occurs after the X Empire token airdrop.
Factors Affecting the X Empire Price Prediction After Launch
Early on, the $X supply is heavily distributed among participants, which may cause a sell-off when it eventually listings.
- Community Interest: To maintain strong demand for a project over time, there must be ongoing community interest in it.
- Liquidity: The stability of price movements is produced by the volume of trade and liquidity.
- Utility of Token: Demand may rise with the addition of staking, governance, or any other utilities. The market
- Sentiment: The price of the $X token would most likely be impacted by the overall state of the market, including performance in comparison to Bitcoin.
X Empire (X) Price Price Prediction:Conclusion
The X airdrop was the main cause of its demise because only 6 million out of 50 million users were eligible for it. Still, holders are holding out hope that the X Empire price may go up in the future thanks to Season 2’s promised new features and enhancements. Above all else, a lot of people who believe want to see the token go up to around $1. Still, with the market’s pessimism and limited growth potential, it’s impossible to imagine this coin heading for the stars. Its performance is comparable to that of HMSTR tokens, which is a major issue for many. Regardless, November might see a price spike reaching $0.0001301, barring any unforeseen circumstances.
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