Musk X Empire's pre-market trading campaign for its native $X tokens has generated around $1.3 million in sales volume within just two weeks. As one of the most popular blockchain tap-to-earn games, X Empire already boasts a substantial following.
The overwhelming response to the pre-market sale has solidified the X Empire networkâs position within the Telegram-based Web3 ecosystem. With millions of users on board, there are high expectations for a fair listing price.
This article will serve as a comprehensive guide to navigating the pre-market sale, providing detailed information on the token generation event and listing. We will also delve into the price prediction for the $X token and share other valuable insights.
X Empire Updates So Far
Since its launch in late June 2024, X Empire has quickly become one of the leading Web3 games, achieving all of its roadmap milestones within three months. The mining phase ends today, and the community is now moving towards the Token Generation Event (TGE). Here are the key details:
- Coin Mining: September 30 marks the end of $X token mining, ending all in-game activities to earn points.
- Token Generation: The $X tokens will be generated on the TON blockchain during the Token Generation Event.
- Airdrop: Eligible participants will receive an airdrop of $X tokens, with allocations based on in-game points and the number of invitations.
- Listing: $X tokens will be listed on both centralized exchanges (CEX) and decentralized exchanges (DEX), with Binance, Gate, and Bitget being potential platforms for the listing in October.
- Season 2: Although not officially announced, community speculation and insider reports suggest that Season 2 may be on the horizon.
How Does X Empire Pre-Market Trading Work?
Users can buy and sell $X tokens in the form of NFT vouchers through pre-market trading on GetGems. Each NFT voucher represents 69,000 $X tokens, which can be swapped after the official listing. By purchasing these NFTs before the mainnet launch, users have an opportunity to get into $X early.
The floor price of the X Empire token is 1.5 TON, and it has been trading between 1 and 2 TON. So far, $X has achieved around $1.3 million in trading volume, with over 83,000 NFT vouchers purchased by usersâamounting to approximately 5.8 billion $X tokens sold.
Beginnerâs Guide: Mint, Buy & Sell X Empire NFT Vouchers
Participants should connect the same TON wallet they use in the X Empire app when accessing GetGems. Ensure you have a sufficient TON balance for purchases and gas fees.
1. Open the X Empire app through Telegram.
2. Tap the three dashes in the top right corner of the game and select "Mint NFT."
3. Select the available vouchers according to your eligibility and initiate the transaction.
4. Approve the blockchain request and pay the gas fee.
5. Wait around 24 hours for the transaction to be processed, and the NFTs will appear in your wallet.
6. To trade NFTs, visit GetGems.io and connect the same wallet.
7. After registering your profile through the wallet, go to your dashboard to view your assets.
8. Click on the X Empire voucher and tap "List for Sale" to start trading. You can also purchase vouchers from other traders.
How Much Is the Value of X Token?
According to tokenomics, there are around 690 billion $X tokens, and the network will need significant support from market makers and institutional investors to achieve a decent value per coin. While the hype surrounding the platform may eventually wane, creating a dip in value, there could still be a reasonable uptrend if the token sustains long-term interest.
Long-Term Insights: Is $X Token a Good Investment?
Many users purchase NFT vouchers to get into $X early and sell during the listing event, which may create selling pressure at that time. If you're looking for short-term gains, $X could be a good investment. However, for long-term holding, assets that rely on trends may not always be the best choice. Be sure to do your own research before deciding whether to buy and hold.
How to Cash Out $X Tokens?
After the listing event, you can cash out by sending $X tokens to listed exchanges or by swapping them for other assets through a Decentralized Exchange (DEX). Keep in mind that the token's value may decrease after listing, so timing your sale is crucial.
Conclusive Thoughts on Musk X Empire
Musk X Empire's pre-market trading event is a well-organized strategy that has generated interest among potential buyers. Early players already have substantial allocations of tokens waiting to be deployed to their wallets. With the pre-market trading option, new and recent players also have the opportunity to get involved by purchasing NFT vouchers.
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