Key Notes
The X Empire plans to list its native token on major exchanges in October.
The success of the X Empire tap-to-earn game will eventually reciprocate to the growth of Toncoin’s on-chain activity.
Three months after the official launch, the Elon Musk-inspired Telegram-based tap-to-earn (T2E), X Empire, has achieved major success. According to a recent Telegram post, X Empire has so far registered more than 47.9 million players in the past three months. Remarkably, the majority of the X Empire players, accounting for around 91 percent, have been enrolled through the invitation program, thus making it a community-based game.
From the 47.9 million X Empire players, about 18 million users have already integrated with their respective Toncoin
TON
$5.46
wallets on the Telegram platform. As a result, about 483 billion $X tokens have been mined since the official launch of the tap-to-earn game.
The announcement further noted that 570K NFT vouchers have been minted to date. The rising activity in the X Empire mini-app has helped the team burn more in-game coins, thus giving more value to the users’ holdings.
As of this writing, the X Empire game has donated over 116 million Telegram stars. On other platforms, the X Empire game announced that it has surpassed over 224 million views on Telegram.
The X Empire team has promised to continue building the mini-app game to attract more users in the near term. Moreover, the Telegram platform has around 1 billion global users, who have gradually adopted the Toncoin Network in the recent past.
X Empire Aims at Inevitable Community Airdrop
The Telegram mini-app games have achieved major growth in the recent past led by Notcoin
NOT
$0.0076
, Babydoge coin, and Hamster Kombat
HMSTR
$0.0047
among many others. Telegram’s mini-app projects have been building robust communities and later launching a multi-chain meme coin that actively competes with utility-based crypto tokens.
As a result, the X Empire is likely to conduct a community airdrop in the near future as part of its development plan.
As Coinspeaker previously explained, the X Empire has tapped into the success of Elon Musk, thus likely to launch a meme coin akin to Dogecoin
$0.11
. Previously, the X Empire’s team announced that the listing of its native token will take place in October with major listings on tier-one crypto exchanges in the pipeline.
In order to attract more crypto speculators, the X Empire team announced that its token will have no lockups, nor vestings to ensure fair distribution.
Market Picture
The notable growth of Telegram’s mini-apps is expected to be reciprocated by the Toncoin (TON) project in the long haul. The large-cap altcoin, with a fully diluted valuation of about $30 billion and a daily average traded volume of over $288 million, closed September with a bullish outlook.
According to the latest market data, the TON price pumped over 4 percent last week to trade around $5.83 on Tuesday during the early New York session.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
