XAI is up over 60% this week and QUBE hits $8.3 million
XAI, the Arbitrum scaler gaming network based on the Ethereum blockchain, is up 60% this week. Similarly, InQubeta (QUBE), a project that allows investors to influence the development of artificial intelligence technology, has raised more than $8.3 million.
Recently, the gaming network XAI on the Ethereum Arbitrum platform announced the start of an airdrop and distributed 125 million tokens to early participants.
The sale of XAI started at $0.77, and then the token fell to $0.45, after which the price stabilized.
After the end of the bearish cycle, airdrops intensified in response to the rising cryptocurrency market. Many projects, such as Jito and Pyth, have given users hundreds of millions of tokens in total.
Upcoming airdrops such as the Jupiter drop confirm that projects are currently airdropping their tokens to stimulate community activity.
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