Xai Foundation Announces Highly-Anticipated Xai Vanguard: Genesis Activation
The Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, announced the upcoming launch of the highly-anticipated premiere gaming activation, Xai Vanguard: Genesis. It will run till November, the Vanguard campaign will feature a full suite of new game releases, quests, achievements, and rewards for the Xai community. Xai Vanguard: Genesis is the next major milestone on the Xai roadmap and succeeds the Xai Odyssey campaign which saw record-breaking results in the blockchain space including 500K+ connected wallets, 5M daily transactions and a total of $175 million in player rewards distributed. While Xai Odyssey was conducted entirely on the Xai testnet, the launch of Xai Vanguard marks the first campaign on the Xai mainnet. This ecosystem-wide event will feature dozens of participating partners and bring forth a full roadmap of games, including Crypto Unicorns, Final Form, Lost Glitches and more that are set to be announced throughout the campaign. The campaign rewards players for achievements in games as they battle for the top spot on the Xai Vanguard: Genesis leaderboard. Additionally, the first month of the campaign will also feature quests from other blockchain technology partners that open new avenues for players to score points. In line with its commitment to full ecosystem expansion, the Xai Vanguard: Genesis campaign introduces rewards for the developer community as well. Developers and studios will be able to participate in a series of builder quests to score points on the Xai Vanguard: Genesis leaderboard and earn their own series of rewards. Many of these quests feature the recently announced Xai Builder powered by Sequence to seamlessly onboard new applications to the Xai blockchain. In my opinion The launch of Xai Vanguard: Genesis marks a significant milestone for the Xai ecosystem! By bringing together a diverse range of game partners and leveraging our robust infrastructure, we create an unparalleled gaming experience that will drive innovation and engagement in the blockchain gaming space. We are excited to see the creativity and passion of our community unfold. Leveraging its Sentry Node Network of 6000+ whales and Vanguard Network of 600,000 gamers, Xai drives massive and immediate distribution to deployed web3 games. Gamers and developers are given a simple and seamless onboarding experience, offering support by Xai Foundation, Offchain Labs, Ex Populus, Thirdweb, Sequence and other key Xai contributors. About Xai Foundation The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform. About Xai Games Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology. $XAI #XaiVanguardGenesis
BETA is experiencing a sharp rebound from the support trendline of its descending channel, with the 100-day moving average providing additional support beneath the price action. For a strong bullish confirmation, we need to wait for a successful breakout above the channel.
A breakout would signal a potential shift in momentum, indicating the possibility of a sustained upward movement in the price.
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ETH is currently experiencing a consolidation phase within a descending channel. The price is trading below the resistance trendline of this channel, indicating that the downward pressure is still in play. A significant resistance level is also being reinforced by the 100MA, which is adding to the selling pressure and making it difficult for ETH to break higher.
A successful breakout above the descending channel's resistance trendline, accompanied by a clear move above the 100MA, would suggest a potential reversal and an upward trend. Such a breakout would need to be confirmed by strong trading volume and sustained price action above these resistance levels.
On the other hand, if ETH fails to break above these resistance levels and instead breaks down below the lower trendline of the descending channel, it would signal a continuation of the bearish trend. This breakdown would likely lead to further downside.
🗞 This week's most important events 🚩 High Impact news
🔖 Sunday, 30th June CNY: Manufacturing PMI (Jun)
🔖 Monday, 1st July EUR: German CPI (MoM) (Jun) USD: S&P Global US Manufacturing PMI (Jun) USD: ISM Manufacturing PMI (Jun) USD: ISM Manufacturing Prices (Jun)
REI is currently rebounding from the support trendline of its descending channel. However, the Ichimoku cloud is providing resistance just above the price action.
A breakout above both the channel and the Ichimoku cloud would signal bullish confirmation.
Conversely, a failure to break through could result in a decline from this level.
Bitcoin is currently trading within a descending triangle pattern, which often signals a potential breakout or breakdown. The price is positioned above a significant horizontal demand zone, indicating that there is buying interest at this level.
The 200-day moving average is providing strong support, suggesting that there is a substantial amount of momentum below the triangle.
On the other hand, the Ichimoku cloud acts as a resistance, creating a barrier for upward movement. To determine the next significant move, it is crucial to wait for a clear and confirmed breakout above the resistance or a breakdown below the support. This will provide a more definitive direction for Bitcoin's future price action.
The ALTS market cap is consolidating within a descending triangle pattern and is currently rebounding from the horizontal demand zone.
The Ichimoku cloud is acting as resistance above the price action, indicating bearish momentum. We need to watch for a successful breakout or breakdown.
A breakout would signal a bullish trend in the ALTS market, while a breakdown would indicate a bearish trend. Keep an eye on this development.
Bitcoin is currently consolidating within an ascending triangle pattern. It is facing rejection at the horizontal resistance zone of the triangle.
The 100-day moving average (MA) is providing support, while the 200-day MA is acting as resistance above the triangle. We need to wait for a successful breakout or breakdown to confirm the next direction.
• VanEck submitted VanEck Solana Trust application. According to Wintermute CEO #EvgenyGaevoy, There is near zero chance SOL ETF will get approved this year.
• Coinbase has decided not to facilitate the upcoming migration of the $ASI merger. $FET $OCEAN $AGIX
• Trump and Biden debate today. $TRUMP $MAGA $BODEN
• $BLAST - Blast has announced that Phase 2 will include Points and Gold with a new distribution mechanism. An in-depth guide will be released next week.
• $BLOCK - #Blockassetco has announced its official partnership with UFC.
• $EOS - EOS Network published additional details on the changed EOS tokenomics and will launch staking on July 8.
• $LSK - Lisk has announced a community vote from Sep 24 to Oct 1 to decide whether to burn or allocate 100M LSK tokens to the DAO Fund.
• $MANTA - Manta Network has announced that Manta's wUSDM is now backed by BlackRock’s #BUIDL Fund.
• $RDNT - Radiant Capital has announced they are in the final stretch for the launch of v3 and expansion to Base.
• $WEN - Wen has announced its acquisition of @ShouldHaveCat, the largest cat page on X.
• $XTZ - Tezos has revealed a roadmap Tezos X, splitting off transaction execution into a "canonical rollup" over the next 2 years.
• $ZETA - ZetaChain set to release product updates on July 2.
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