The world of cryptocurrency
is always evolving, and there are always new coins and tokens emerging.
One such project is Xai (XAI), a cryptocurrency designed specifically
for gamers.
Xai is based on the Arbitrum (ARB)
Layer-2 platform, which makes it fast and efficient. This means that
users can, at least in theory, trade and exchange in-game items without
having to worry about slow transaction times or high fees.
The Xai network is also open and
decentralized, which means that anyone should be able to participate in
its governance. This gives gamers a say in how the network is developed
and maintained.
Xai did not immediately respond to a request for comment
On July 29, 2024, the XAI price was $0.3391. Now, let’s take a look at
our own XAI price prediction, made on July 9, 2024. We will also examine
the XAI price history and talk a little about what XAI is and what it
does.
Xai Price Prediction
There are two methods used to create our price predictions. More
specifically, they are created using fractals (mirroring movements and
indicator readings) and the wave count.
However, since XAI only has price history going back to March 2024,
only the wave count method will be used. 20% will be added to the
targets to end up with our maximum and minimum XAI coin price
predictions.
The most likely XAI price prediction suggests the price has completed
a downward A-B-C corrective structure starting in March. The decline
led to a new all-time low of $0.27 on July 5. The XAI price has
increased since. If the count is accurate, waves A:C had an almost 1:1
ratio, giving credence to the wave count.
Shortly after the launch in January, the price completed a five-wave
upward movement with a magnitude of 260%. If a similar increase follows
that has the same duration as the correction, XAI will reach a high of
$0.95 in October.
Since there is insufficient data to make a prediction for after the
date, we will use the rate of increase until then to make a XAI crypto
price prediction for the end of 2024, 2025 and 2030.
