Musk X Empire has organized a pre-market trading campaign for its native $X tokens, and it generated around 1.3 million total volume in sales within two weeks. As one of the most popular blockchain tap2earn games, the app already has a huge following.
With this massive response to the pre-market sale, the X Empire network has consolidated its position in the Telegram-based web3 ecosystem. Millions of users now expect a reasonable price upon the listing.
This article will be a comprehensive guide to navigating the pre-market sale, and provide detailed information on the token generation event and listing. Also, we will get into the price prediction of the $X token and other valuable details.
The X Empire Updates So Far
As a platform launched in late June 2024 and emerged as one of the most renowned web3 games within three months, X Empire has done all the roadmap targets to date. The mining ends today, and the community will move to TGE. Let’s check the details.
Coin Mining: September 30 marks the end of $X token mining. That means, all the in-game activities to earn points will stop today.
Token Generation: The token generation event will happen with the generation of $X tokens in the TON blockchain.
Airdrop: The $X token will be sent to all eligible participants as an airdrop. The allocation is calculated by considering the in-game points and the number of invitations.
Listing: X tokens will be listed in both CEX and DEX. There is a strong possibility for $X to list in Binance, Gate, and Bitget, probably around October.
Season 2: It is not officially announced. However, according to the community speculations and inside reports, we can expect Season 2 soon.
How Does X Empire Pre-Market Trading Work?
Users can buy & sell $X tokens in the form of NFT vouchers through the pre-market trading organized in GetGems. One NFT voucher is equal to 69,000 $X tokens that can be swapped after the listing. As it is sold before the mainnet launch, users purchase the NFTs to get into the X tokens early.
The floor price of the X Empire token is 1.5 TON, and it has been trading within the range of 1 to 2 TON. As of today, it has achieved around 1.3 million trading volumes and over 83,000 NFT vouchers have been purchased by the users. That means, almost 5.8 billion $X tokens have been sold.
Beginner’s Guide To Mint, Buy & Sell X Empire NFT Vouchers
All the participants should connect the same TON wallet integrated into their X Empire app while accessing GetGems. Also, make sure you have TON balance for the purchase and the gas fees.
Open the X Empire app through Telegram.
Click three dashes in the top right corner of the game and tap “Mint NFT”.
Vouchers will be available according to your eligibility. Select the required amount.
Initiate the transaction and approve the blockchain request. Pay the gas fee.
It will take around 24 hours to process the transaction. Wait to receive the NFTs in your wallet.
To trade the NFT, visit GetGems.io and connect the same wallet.
After the registration of your profile through the wallet, click on your dashboard to view your assets.
Click on the X Empire voucher and tap “List for Sale” to start trading. You can also purchase the vouchers from other traders.
How Much Is The Value Of X Token?
According to tokenomics, there are around 690 billion X tokens, and the network needs a huge backing of market makers and institutional investors to get a decent value per coin. Also, the hype around the platform will fade away after the trend, further creating a dip in the charts.
Crypto experts expect a price that is not worth our effort and time. However, if the token manages to sustain the hype generated for the long term, we can expect a reasonable uptrend in $X.
Long-Term Insights: Is $X Token A Good Investment Option?
Most of the users purchase the NFT vouchers to get into the $X coins early and sell at the moment of listing. We can see selling pressure around that time. So, if you are looking for short-term gains, $X is a good investment option.
For long-term trading, any asset that is short-lived with fading trends is not a good investment option. However, do have to do your own research to decide whether to buy and HODL this item.
How To Cash Out $X Tokens?
After the listing event, you can send your $X tokens to the listed exchanges to cash out. Another way is to swap X tokens for other assets via a Decentralized Exchange (DEX). After the listing into exchanges, there is a strong chance for the value to come down, so be vigilant about the time of selling.
Conclusive Thoughts On Musk X Empire
Musk X Empire’s pre-market trading event is another well-organized marketing strategy that will generate interest in potential buyers. Passionate players from the early stages of the game already have a decent allocation of the tokens waiting to be deployed to their wallets. With pre-market trading, newcomers and recent players can get their hands on the tokens by purchasing the NFT vouchers.