XAI becomes a prominent cryptocurrency subject ahead of its listing on Binance
XAI, the second most popular cryptocurrency in the world of crypto, has gained significant attention after being listed on Binance, the top crypto exchange globally. As a blockchain gaming token, XAI holds a prominent position, only overshadowed by Bitcoin (BTC) in terms of social media mentions. According to Santiment data, 53% of these mentions display a positive sentiment, while 31% depict a negative sentiment, and the remaining are neutral.
The surge in interest towards XAI can be attributed to Binance’s recent announcement of listing the token on its platform. However, despite the positive sentiment surrounding this development, XAI has not been immune to the general market downturn experienced today.
Currently, XAI is trading at $0.55, having witnessed a price decrease of over 18% within the last 24 hours. The trading volume for the same period stands at $323 million. Nevertheless, the predominantly positive sentiment expressed in social media suggests that the market’s initial reaction to the listing was favorable. The subsequent downturn can be attributed solely to market forces.
XAI’s primary objective is to establish real economies and facilitate open trade within video game ecosystems. By allowing players to own and trade in-game items without the need for crypto wallets, XAI aims to revolutionize the gaming industry. Furthermore, the network enables independent node operation and rewards maintainers with tokens and access to governance.
In related news, Binance has recently introduced a new web3 AI gaming platform, further expanding its presence in the gaming sector.
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