The X Empire’s cryptocurrency $X will hit the cryptocurrency exchanges soon. The listing of the $X tokens was originally planned to be on September 30, 2024, when the current mining phase would end. However, this date has been extended to help all users connect their wallets and get ready for the event. The airdrop of $X tokens is scheduled to be on October 15, 2024.
The listing price of X Empire’s $X tokens is much anticipated by crypto traders and enthusiasts. X Empire is a telegram game that requires the players to construct different versions of Elon Musk. Ever since its launch, the $X tokens have been the center of discussions because of their innovative tokenomics and focus on community development.
X EMPIRE Tokenomics
Before we move further into the price prediction of $X tokens, let us understand its unique tokenomics.
The total supply of 690,000,000,000 $X tokens is high enough to support many use cases. However, $X tokens are mainly allocated for two purposes.
Miners and Vouchers (70%)
70% of the total supply of $X empire tokens i.e., 483,000,000,000 $X tokens are set aside for the game’s community development. The X Empire project’s commitment to its community of followers and their welfare is indeed notable. $X tokens do not have any lockups or vesting periods. That means the users get immediate access to their rewards as soon as the tokens are officially listed or airdropped.
New Users and Next Phases (30%)
The remaining 30% (207,000,000,000) of $X tokens are reserved for future development and expansion of the X Empire platform. This amount will fund various initiatives such as onboarding new community members, further game development, installing new projects, gearing up the $X tokens for exchange listings, ensuring adequate liquidity for the $X tokens, offering incentives for community development and market-making activities, and offering team rewards.
X Empire Price Prediction At The Time Of Listing
The token generation event (TGE) is a major upcoming event for the X Empire blockchain platform. Since the X token has already been a much awaited crypto launch there are speculations from many parts of the world about the expected listing price of the token. Here are the low-range, mid-range, and high-range price predictions of the $X tokens.
Low Range Price: $0.002 per $X Token
Mid Range: $0.005-$0.01 per $X Token
High Range Price: $0.02-$0.03 per $X Token
The lowest price of $0.002 per $X Token shows that is expected to happen if the community participation is lower than expected. The low-range price prediction of $X tokens reflects the possibility of average market conditions and limited demand stifling the growth of $X tokens during the early stages.
If the $X token holders happen to have a strong interest in NFT trading and shows active participation in the airdrop, then the price can shift to the mid-range prediction of $0.005-$0.01 per $X Token. This scenario is expected to occur due to the scarcity effect of the $X token and its potentially high demand in the NFT market.
The price can shift to the high-range prediction of $0.02-$0.03 per $X Token if the user participation in the X Empire game and the general demand for the $X token increases significantly. This scenario shows that the $X tokens have high levels of user participation, strong in-game utility, and long-standing interest of both players and investors.
Major Factors That Determine The Expected Price
The price prediction of $X tokens listed above is not based on mere speculations. There are certain factors favorable for the price rise of $X tokens.
- After the $X airdrop event, only a limited supply of the $X token will be available for sale on the cryptocurrency exchanges. This general scarcity of the $X tokens will power the price rise.
- The X Empire is a Telegram game. That means the $X tokens can be sold on NFT marketplaces. This demand will also play a role in spearheading its price.
- Another factor that determines the price rise of $X tokens is the overall growth and development of the X Empire game in terms of user participation. If the game can sustain user demand then the price of the tokens will also naturally become high.
The Bottom Line
As far as the current predictions go, the $X tokens are expected to have a good price range after they are launched on major exchanges. So you can start playing the X EMPIRE game and take part in other activities on its Telegram bot to earn free coins in the upcoming airdrop. You can also trade $X tokens on various cryptocurrency exchanges soon after the TGE.
