Whether it is the speech of Fed's old Powell or the two major data, yesterday's CPI and today's PPI are all positive.
But BTC fell again after a wave of rebound and even broke the previous low. In fact, these data will eventually affect the Fed's interest rate cuts this year, and most people in the Fed believe that there will be one or two interest rate cuts this year if the data is good. Therefore, the market will undergo a consolidation period of about 100 days during this period, and then cooperate with the interest rate cut in September to have a wave of market.
Recently, AI and chain games are hot spots, which can be seen from the new coins on Binance. Therefore, the next new coin XAI will become a potential coin, and it has been moving recently.
On June 11, 2024, Xai launched Vanguard: Genesis on GALXE. This event includes several months of game releases and tasks, covering the Xai game ecosystem. The announced games include Crypto Unicorns, Final Form, The Lost Glitches and some games that have not yet been announced.
$XAI As an Arbitrum-based Ethereum Layer 3 expansion network, it focuses on the gaming sector and aims to bring unprecedented user experience to Web3 games. With Xai, billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time without using a crypto wallet. If the new coin sector has a wave of market, it is likely to perform well.
