X Empire’s $X token officially commenced trading today on various prominent cryptocurrency exchanges such as KuCoin, Bybit, Gate.io, OKX, and MEXC. The $X token encountered volatility shortly after trading commenced. Initially, the X Empire token price surged to a peak of $0.000108, only to quickly retrace to $0.00006946, marking a significant 35.67% decrease within the first hour.
As of now, the X Empire price has displayed signs of recovery, hovering around $0.00005901, indicating a modest 5.19% increase from earlier lows.
Trading volumes experienced a surge as participants eagerly engaged with the new token. During the initial trading phase, 938 million tokens were exchanged on launch platforms. Such volatility is customary for new tokens as the market seeks equilibrium. This is particularly true when speculative interest grows following pre-launch airdrops and promotions.
Token Distribution and Expansion of the Ecosystem
The $X token is a part of X Empire’s endeavor to reward its early users and community. 70% of the total supply has been allocated through mining rewards and airdrops to participants who supported the platform during its initial stages. X Empire’s development encompassed both the Gameplay Phase and Chill Phase, providing numerous opportunities to earn token rewards.
$X Utility Token for Telegram-Based Apps
Furthermore, the project has formed partnerships with various initiatives, including Staff Only, Dogiators, Mememe, and Hrum. These partnerships offer exclusive token rewards and foster engagement within the platform. Through these collaborations, $X holders can earn additional tokens through gaming activities, contests, and interactions within the ecosystem.
In conjunction with the token launch, X Empire introduced several Telegram-based applications to enhance the utility of $X tokens. These apps include Feed, a content discovery tool powered by AI, Langs, a language learning app, and Sleep, a wellness app designed to improve users’ sleep habits. Each app provides exclusive features or advantages to $X token holders, expanding the token’s utility beyond mere trading.