X Empire’s $X token has officially commenced trading on various major cryptocurrency exchanges, such as KuCoin, Bybit, Gate.io, OKX, and MEXC. Following the start of trading, the $X token experienced volatility. Initially, the price of the X Empire token surged to a high of $0.000108, but quickly retraced to $0.00006946, indicating a significant decline of 35.67% within the first hour.
Currently, the X Empire price has displayed signs of recovery, with trading occurring around $0.00005901, representing a slight increase of 5.19% from earlier lows.
The launch of the token led to a surge in trading volumes as participants eagerly engaged with the new token. During the initial trading period, a total of 938 million tokens were exchanged on launch platforms. This level of volatility is expected for new tokens as the market seeks equilibrium, especially with the growing speculative interest that follows pre-launch airdrops and promotions.
In an effort to reward early users and the community, the $X token forms a part of X Empire’s initiatives. 70% of the total supply has been allocated through mining rewards and airdrops to participants who supported the platform during its early stages. X Empire’s development included both the Gameplay Phase and Chill Phase, providing multiple opportunities for users to earn token rewards.
Furthermore, X Empire has established partnerships with various initiatives, including Staff Only, Dogiators, Mememe, and Hrum. These collaborations offer exclusive token rewards and encourage engagement within the platform. Through these partnerships, $X holders can earn additional tokens by participating in gaming activities, contests, and interactions within the ecosystem.
In conjunction with the token launch, X Empire has introduced several Telegram-based applications to enhance the utility of the $X tokens. These applications 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 of these apps provides exclusive features or benefits to $X token holders, expanding the token’s utility beyond mere trading.