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šŗ Xai Gaming Token Hits All-Time High, Ronin Still Recovering After Founderās Wallets Drained: š±š±š±
š¢Ronin (RON) is gradually rebounding after Axie Infinity co-founder Jeff Zirlinās wallets were hacked, while XAI jumped to a new peak.
š„Tokens tied to a couple of prominent blockchain gaming networks have made major moves over the last day, as the token ofĀ Arbitrum layer-3 network XaiĀ continued its recent rise to set a new all-time high priceāwhileĀ RoninĀ recovered ground after a co-founderās wallets were hacked.
š„XAI pumped overnight to set a new peak price of $1.51 on Friday morning, but has dipped since to $1.35. Even so, itās up over 6% on the day and 37% over the last week alone. Itās one of a few prominent gaming tokens toĀ push to new all-time high marksĀ in recent days, including tokens forĀ Heroes of MaviaĀ (MAVIA),Ā ParallelĀ (PRIME), and theĀ Beam networkĀ (BEAM).
š„Xaiās token debuted in January and has nearly doubled from its debut price, according to data fromĀ CoinGecko. The latest jump comes after Xai revealed plans to debut token staking rewards next week, with first detailsĀ gradually being revealedĀ via Twitter.
ā¤ļø Xai Airdrop ā¤ļø
š„The token launched with anĀ airdrop to early network supportersĀ and select NFT holders, and at todayās peak price, the 125 million XAI from the airdrop was collectively valued at about $189 million.Ā ArbitrumĀ is anĀ EthereumĀ scaling network.
š„Meanwhile, the RON token of gaming-centric Ethereum scaling network Ronin is gradually regaining since plunging last night, after the personal wallets of network co-founder Jeff āJihoā ZirlinĀ were compromised and drainedĀ of millions of dollarsā worth of crypto.
