XAI Coin Price Prediction: Following the listing of XAI tokens on Binance, everyone from the cryptocurrency community is looking to invest in XAI. Besides, at the same time they are also looking for price prediction i.e.,(XAI token price prediction)—additionally, XAI token for the past few days trending in the coinmarketcap. However, several XAI-named tokens listed on the coinmarketcap make sure to invest in genuine tokens.
In this article, we’ll get to know more about XAI tokens, XAI coin price prediction, which XAI token is real, and more XAI-related information. Read until the end for a comprehensive understanding of the XAI token.
How to Claim XAI Airdrop in 2024?
What is XAI Coin?
XAI Coin is a gaming coin, that a primary developer of Arbitrum developed in the collaboration with XAI foundation. However, it is a native coin of the XAI network and utilizes the XAI blockchain. The primary objective of this network is to scale the web3 gaming industry.
Additionally, the XAI token also has a purpose within the XAI blockchain that makes this token more authentic and realistic in the cryptocurrency landscape.
- The first purpose of the XAI token is its network (XAI Network) uses these tokens to reward the validator node because these validator nodes are verifying and validating the transactions within the network.
- The second purpose is that XAI tokens use a fee to enable transactions within the network.
- The last XAI token can also be used by the gamer to purchase in-game items within the gaming ecosystem.
XAI Tokenomics
XAI Coin Market Capitalization: $219.95 (it may change click here for updated market cap)
Circulating Supply: 277.11 Million (11%.08%)
Total Supply: 1.007 Trillion XAI Coin
Maximum Supply: 2.5 Trillion XAI Coin
XAI Coin Distribution
50.1% XAI Coin: Nodes, Community, DAC
22.4% XAI Coin: Investors
20% XAI Coin: Team
7.5% XAI Coin: XAI Ecosystem
How to Buy XAI Coin in India?
For the last few days XAI Coin has been in the trending section on Coinmarketcap and due to its quality project investors and and retailers are continuously looking to invest in XAI Coin and also looking for XAI coin price prediction. So, here are a few steps to buy XAI Coin on India’s largest cryptocurrency exchange CoinDCX.
As there are several XAI tokens you’ll see on the cryptocurrency exchange make sure to go for the XAI gaming coin, and its total XAI supply is 2.5 Trillion. By looking at this total supply check its price and make your plan. Now, let’s get started,
Step 1: Create an Account on CoinDCX
To create an account all you need is an Adhaar Card, PAN Card, and other personal details, and make sure to complete your KYC simultaneously.
Step 2: Add Payment Method
After creating an account on Coindcx make sure to add a payment method so that you can easily buy any cryptocurrency without any hurdle especially XAI Coin which you are waiting for.
Step 3: Go to the Search bar
Once you add a payment method to your account, tap on the search bar search for your awaited XAI coin, and click on the buy button.
Step 4: Make your purchase
Once you click on the buy button, you will find a section where you have to mention the quantity or the amount to buy the XAI coin.
Step 5: Complete your XAI purchase
After placing your order complete your purchase by making a payment for the XAI Coin.
This is 5 simple step by following you can make your first purchase.
XAI Coin Technical Analysis
According to an expert’s technical analysis looking at XAI gaming coin in the 4-hour time frame, currently, it is taking support from the trendline. It is moving in the upward direction and the future we may see an inverted head and shoulder bullish price-action pattern.
The current price of XAI at the trendline through which it is taking support is $0.81 and as it is taking support from this trendline we see a bullish momentum till $1.2. This is the neckline of an inverted head and shoulder pattern and the breakout of this neckline and the target of $1.6 we’ll see in the future. However, this coin has been listed recently and there is not much data available either on the tradingview or Coinmarketcap. Due to this, we can make a long price prediction for the XAI coin.
XAI Coin Price Prediction
As per the current situation, it is very difficult for any analyst to make XAI coin price predictions without sufficient data. As it was recently, listed on Binance on January 9, 2023. However, following the approval of spot bitcoin ETF as the overall cryptocurrency market is struggling to gain momentum amid this XAI maintains its price and it is near to its all-time high.
As of now, we can only do an XAI coin price prediction for 2024, because of the above reason.
As XAI is trading near $0.80 and in February 2024 we may see its price till $0.95.
XAI coin price prediction for May 2024 is $1.2 because from February to March 2024, the market may consolidate and form an inverted head and shoulder pattern.
XAI Coin price prediction for September 2024, is $1.62, because of the breakout of the inverted head and shoulder pattern.
Conclusion
As the XAI coin is recently listed, there isn’t too much data available on the internet and chart, in this article we only discussed the XAI coin price prediction for 2024. Although XAI gaming coin is good for the long term, if want to invest in cryptocurrency there are far better cryptocurrencies available like Bitcoin, Ethereum, Solana, Cardano, and many others.
Frequently Asked Questions (FAQs)
XAI gaming token price in India
The current XAI gaming token price in India is 66.5 INR
Which XAI token is real?
Yes, indeed, but due to several XAI tokens there on the exchanges which may confuse you. So, you can look for a real XAI gaming coin and also make sure you don’t fall into any fake coin.
Elon Musk Launches XAI?
No, there is no link between Elon Musk with this XAI gaming token, but he has a start-up with a similar name xAI Corp.
Is it worth investing in XAI coins?
Yes, you can allocate a fraction of your capital into this token, and also make sure to add real XAI coins. As the cryptocurrency has several XAI tokens.
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