•XAI games are listed on Binance,
and the token price reacts
§ After the end of the farming period, the XAI token was launched on Binance on January 9th. XAI can be traded in various pairs including XAI/BTC,
XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD and XAI/TRY.
§ For cryptocurrency tokens, the announcement of listing on major exchanges is usually a bullish signal, and XAI was no exception to this rule. When XAI Games was listed on Binance, the token price skyrocketed by approximately 5900%, peaking at close to $1.2.
§ On the other hand, bearish pressure on the token continues to exist, as evidenced by the long upper wick. It looks like traders are taking profits off the table, which could cause the token's decline to become a bearish headwind for value
XAI.
§ There is a possibility that prices
XAI will decline further if profit taking continues. However, it is possible that some investors will hold the XAI token for more than
a long period of time before selling it, most likely waiting for a better price. Additionally, listings on other exchanges can help increase the price of a coin.
« XAI: What is this?
§ XAI is the first blockchain developed on the L2 Arbitrum platform
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