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XAI is a token used for various purposes, including decentralized finance (DeFi) and gaming.
👉 XAI ECOSYSTEM :-
The Xai ecosystem comprises the following major components ➡️Xai Blockchain: Built to enable open trade in the next generation of video games. ➡️Sentry Nodes: Observation nodes that monitor the Xai rollup protocol and raise an alarm if an incorrect block is proposed. ➡️Games: Several games are being developed to be deployed on the Xai blockchain, including Final Form, LAMOverse, Tarochi, and Web3 Warriors. ➡️Xai Foundation: Drives ecosystem growth by attracting developers, providing marketing support, and financing web3 game projects.
👉Players who participate in Xai Vanguard:-
Genesis can expect the following benefits
➡️Rewards for achievements in games ➡️Opportunities to battle for the top spot on the Xai Vanguard: Genesis leaderboard ➡️In-game items, such as Chromos, which serves as the fuel for evolution in Final Form ➡️Points for completing specific quests, with commemorative NFTs awarded at the end of the campaign ➡️Early access to new game releases, including Crypto Unicorns, Lost Glitches, Final Form, and others ➡️Opportunities to score points by completing builder quests in the Xai Builder, powered by Sequence.
in-depth analysis of Xai coin:
- Xai is built on top of Arbitrum, one of Ethereum’s most popular rollups. - The Xai token was released on January 9, 2024, with 5% of the token supply distributed as an airdrop to early network participants. - The Xai token price fell 42.4% in the first 24 hours but then rose to between $0.60 and $0.70. - The Xai network is preparing to receive its first game in Q2 of 2024, with many developments scheduled in the roadmap. - The Xai token is the utility token of the Xai ecosystem and is used for gas fees, which are burned. - The total supply of Xai tokens is 2.5 billion, and 50.1% is earmarked for distribution to members and supporters of the ecosystem. - The Xai price prediction for 2024 is a potential high of $2.
Arkm has formed bullish pennant in daily time frame and picked a perfect bounce from its support zone soon it will test it trend line a successful breakout can give us a new Ath of Arkm✍️🚀
Bake has confirmed its breakout and Retest from falling wedge in 1H time frame and started its uptrend it has successfully achieved 5% of its targets till now still there is a Huge way to Go up✍️🚀
2 Cryptocurrencies to reach $100 billion Market Cap
The wider cryptocurrency market has experienced significant volatility recently. While June began on a strong note, investor sentiment shifted from greed to caution by the second week, leading to major price drops.
Despite these challenges, some cryptocurrencies are edging closer to significant market cap milestones. Finbold has identified Binance Coin (BNB) and Solana (SOL) as strong contenders to reach a $100 billion market cap in July. Whether these cryptocurrencies achieve this milestone will depend largely on broader market dynamics in the coming weeks. BNB Chain (BNB) BNB, the native token of Binance, displays strong potential to reach and perhaps surpass a $100 billion market cap. This potential stems from strategic expansions and innovations within the Binance ecosystem.
Currently trading at $583.54 with a market cap of $86.13 billion, BNB has shown significant promise. On June 20, BNB Chain rolled out a major update with BEP 336, slashing transaction fees by 90%. Solana (SOL)$SOL
Currently the fifth-largest cryptocurrency with a market cap of $70 billion, Solana has robust investor interest and confidence.
The Solana ecosystem has significant activity, especially with SOL-based meme coins. Solana is currently priced at $131.16 and has become a favored platform for meme coin issuers, boosting its market presence.
Recently, 3iQ announced plans to launch North America’s first publicly traded Solana exchange-traded product on the Toronto Stock Exchange (TSX), highlighting strong institutional interest. Despite a recent dip below its descending channel pattern, Solana has demonstrated resilience. If the price climbs above the resistance line, it could surge to $176, indicating a solid recovery. With increasing adoption and significant institutional backing, Solana is on track to approach the $100 billion market cap.
Both BNB and Solana are making strategic moves and showing resilience, positioning them as top contenders to hit a $100 billion market cap by July. Investors and traders should closely watch these cryptocurrencies as they continue to evolve and leverage their strengths.
Ftm has formed Bullish flag in Daily time frame and moving in it but it is still under its resistance level once we clear it then we will go for a successful breakout soon ✍️🚀
Rndr has formed bullish flag in daily time frame and moving in it and it will go upside to test it's trend line in case of its successful breakout 16$ will be our target✍️🚀
Link is looking solid in weekly Time frame Holding perfectly its support level and soon it will try to test its trend line for breakout in case of breakout we will See a 245% bullish rally in it which will be our Bull run Target for link✍️🚀
Fet has picked a perfect bounce from its support level of 1.10$ and started its amazing moves of upside currently there is a resistance level of it between 1.86 and 1.80 if it clears it then we will go for a massive breakout ✍️🚀
⚪️ Ethereum has returned to $3,500 after the SEC halted its investigation and no longer considers it a security
✨Additionally, the media reports that amendments to the S-1 forms for the launch of ETH ETF trading will be made by Friday, and the Pantera fund is already prepared to invest $100 million
💡Bitcoin-ETF is down again, now by $152 million. However, altcoins are actively recovering, believing that Ethereum will turn the situation around
🕯 Top-3 in the last 24 hours: Brett (Based) - $0.1538 (↑15.94%) Ethereum Name Service $ENS - $26.62 (↑15.76%) Lido DAO -$LDO $2.35 (↑15.25%)
On daily Time frame Btc just broke its support level if We close below today Then we will Go towards 60k For testing from where we will Go towards 80k and btc will create it new All yome high there Today's Closing will be very important for it✍️🚀
Most of the larger-cap alts have turned red, following $BTC example. $ETH , $BNB , and TON have declined by less than 1%, while DOGE, ADA, and LINK have dropped by slightly over a percentage.
DOT has managed to defend the $6 support line, while DOGE, AVAX, SHIB, BCH, NEAR, UNI, and IMX have dumped hard, with up to 7% in the case of IMX. FET has lost the most value from the larger-cap alts, having slumped by 10% to $1.3.
SOL, XRP, TRX, and KAS have charted insignificant gains. However, the total crypto market cap has seen over $30 billion gone in a day.
Meanwhile, Coinglass data highlights a significant uptick in NOT Futures OI since the beginning of June, reaching $247.06 million today. This underscores the presence of substantial money inflow and investor interest in the asset, emerging in tandem with the recent price rally.
👉Market Technicals Show Bullish Presence
Simultaneously, market technicals and indicators flagged a strong buying sentiment prevailing for the asset. The RSI, a key indicator of market sentiment, loomed around 61, underlining the presence of upside pressure on Notcoin.
Additional buying could pump NOT ahead, as the RSI has yet to reach overbought territory, after which the token’s price may rebound. Nonetheless, the current market picture remains bullish.
👉Notcoin Gains Popularity
Moreover, Notcoin recently marked a significant milestone, boasting 40 million active users. This was followed by the burgeoning popularity of the ‘ Tap-to-Earn’ games on Telegram. Crypto market participants expect further gains in the asset’s price, falling in line with this increased project adoption.
Also, the TON blockchain, fueled by Telegram’s 900M user base, caused active addresses on the network to surpass that of Ethereum’s.
👉NOT Mimics Broader Trend
NOT follows TON, the native token of the TON blockchain, mirroring an uptrend. TON gained nearly 15% over the past month, whereas NOT rallied 36% during the same period. This price rally falls in line with the growing adoption of Telegram, as also mentioned above.
Meanwhile, NOT traded at $0.0198, with its 24-hour lows and highs being $0.01892 and $0.02146, respectively
Tia jas formed a perfect falling wedge in Daily time frame and currently standing in its support level From where i am expecting a major pump and a massive bounce in it 117% pump is loading ✍️🚀
Ethfi is moving in its bullish flag in 4H time frame currently it is under its resistance zone of the yellow line if it clears it and close a candle above from it i will surely go for a Long ✍️🚀
Xai has formed falling wedge in daily time frame and currently standing at it's very crucial support level and ut has opened Today's candle as green hope the bounce we are waiting for is here✍️🚀
Auction will go for a massive move soon as it has formed falling wedge in daily time frame and also trying to clear it trend line once it clears it with some good volume then we will see some high Quality Pumps in it very soon✍️🚀