đą Xai Token Extra Mega Airdrop:đđ
đšđš Xai Gaming Token Surges 35% as Airdrop Value Hits $140 Million: đ±đ±đ±
đ„Arbitrumâs XAI token tied to a layer-3 gaming network spiked to a new all-time high price Monday, less than a week after its airdrop.
âïžThe Xai gaming: Network on Ethereum scaler Arbitrum launched its initial airdrop last week, serving up some 125 million XAI tokens for early users and supporters. Over the weekend and into early Monday, the token spiked to new heights, boosting the value of said airdrop for those who held or have newly claimed the tokens.
âïžXAI is up 35% over the last 24 hours alone, hitting a new all-time high price of $1.12 as of this writing, per data from CoinGecko.
âïžThe token debuted last week at a price of about $0.77 before sinking as low as $0.45, as tokens are typically volatile right after they launch.
âïžXai is billed as a gaming-centric âlayer-3â network built on top of Arbitrum, itself a layer-2 scaling network for Ethereum. Created in collaboration between Arbitrum developer Offchain Labs, game studio Ex Populus, and the newly formed Xai Foundation, the network aims to become a destination for blockchain gaming.
âïžLast weekâs airdrop provided tokens to users who held some of the early Xai NFT collectibles, along with users who purchased Sentry Keys to operate validator nodes, which help support the network by processing transactions.
âïžSentry node operators, for example, could claim 1,658 XAI per each owned nodeâthatâs now worth about $1,860 as of this writing. And owners of the Xai Vanguard NFTs could claim 1,307 XAI apiece, or over $1,460 worth at the current price.
đ„ Overall, the value of the entire airdrop has grown from about $70 million shortly after last weekâs token launch to about $140 million as of this writing, per the peak price of XAI.
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