🛑🛑 Emergency News 🚨🚨
📺 Xai Gaming Token Hits All-Time High, Ronin Still Recovering After Founder’s Wallets Drained: 😱😱😱
📢Ronin (RON) is gradually rebounding after Axie Infinity co-founder Jeff Zirlin’s wallets were hacked, while XAI jumped to a new peak.
🔥Tokens tied to a couple of prominent blockchain gaming networks have made major moves over the last day, as the token of Arbitrum layer-3 network Xai continued its recent rise to set a new all-time high price—while Ronin recovered ground after a co-founder’s wallets were hacked.
🔥XAI pumped overnight to set a new peak price of $1.51 on Friday morning, but has dipped since to $1.35. Even so, it’s up over 6% on the day and 37% over the last week alone. It’s one of a few prominent gaming tokens to push to new all-time high marks in recent days, including tokens for Heroes of Mavia (MAVIA), Parallel (PRIME), and the Beam network (BEAM).
🔥Xai’s token debuted in January and has nearly doubled from its debut price, according to data from CoinGecko. The latest jump comes after Xai revealed plans to debut token staking rewards next week, with first details gradually being revealed via Twitter.
❤️ Xai Airdrop ❤️
🔥The token launched with an airdrop to early network supporters and select NFT holders, and at today’s peak price, the 125 million XAI from the airdrop was collectively valued at about $189 million. Arbitrum is an Ethereum scaling network.
🔥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 “Jiho” Zirlin were compromised and drained of millions of dollars’ worth of crypto.
