[Here they come again, this group of ** bloggers are starting to shout orders in droves, this time it's $XAI , are you buying it? ]
After Binance launched the essay contest, these bloggers often collectively touted a certain project, regardless of the quality of the project, regardless of the risk to their fans, and just shouted orders. This phenomenon is particularly evident in the following projects:
(1) XAI
As early as April 12, XAI launched V2 staking, and bloggers collectively recommended it. At that time, the price was about $0.68, and then rose to $0.9. But now the price has fallen back to $0.63. Now, XAI is being promoted by bloggers again because of the "Pioneer Genesis" event.
(2) $ALT
Because $ALT launched reALT staking, bloggers also praised it on May 15. At that time, the price was about $0.289, and then rose to $0.388. But now the price has fallen back to $0.244.
(3) $MANTA
$MANTA became popular due to the launch of Manta CeDeFi. At that time (May 28), the price was around $1.7, but it has not risen since then, and has fallen to around $1.3.
I will not give more summary and analysis, you can judge for yourself.
This time, XAI's "Pioneer Genesis" event is mainly to encourage and support developers to develop games on the XAI platform. This kind of ecological incentive activities are available in many public chain projects and are not particularly innovative.
The specific analysis is as follows:
1. What is #Xai先锋创世纪 ?
XAI is a blockchain game project, and this event is also centered around its blockchain game ecosystem. Through incentives, it attracts developers to build and release games, which is a typical ecological incentive activity.
2. What is the actual performance of XAI's ecological blockchain games?
Several funded blockchain game projects, such as Crypto Unicorns, Lost Glitches, and Final Form, have already taken shape, which proves that XAI's ecological support is not empty talk.
3. Combined with these positive factors, what is the prospect of XAI?
At present, the price of XAI is around $0.63, with the upper pressure at $0.8 and the support at $0.5. In terms of the current market heat and the impact of the event itself, XAI is expected to fluctuate between $0.5 and $0.8, and the event will not have a significant boost to the token price. Even if there is an increase, it will not be too significant.
In summary, although the prospects of XAI are supported by the event, judging from past performance, this collective call is likely to be just a short-term craze.Be cautious when chasing high prices.
