Why did it keep falling last night?
It turns out that as long as Bitcoin drops slightly by five percent, altcoins can drop by thirty percent, leading to the liquidation of tens of billions of dollars in long positions. The liquidation amount last night was even more terrifying than on March 12, with the number of liquidated people reaching hundreds of thousands. By the way, March 12 saw a fifty percent drop, including Bitcoin itself.
In short, everyone perished due to excessive leverage and constant trading of altcoins.
Getting the XAI key means earning, with 50u you can earn 1 eth. The 'XAI Key' will officially go on sale on ARB in the middle to late of this month! Use the Binance event code to participate in this grand event for extra surprises!
Holding the XAI key will enjoy the following exclusive benefits: receive XAI tokens. By staking the XAI key to protect the integrity of the XAI blockchain, you will continuously earn esXAI token rewards as the blockchain continues to operate. The esXAI tokens can be converted into XAI tokens, jointly realizing value growth with XAI.
Developed in collaboration with Offchain Labs (the development team of $ARB), XAI is committed to helping millions of players explore the infinite possibilities of the Web3 gaming era. As a popular project on Binance Launchpad, XAI has distributed a total value of $340 million in token airdrops to the community since its launch on Binance!
XAI is not just a blockchain technology platform; its role in the gaming ecosystem goes far beyond that of a typical chain. By designing a simple mining model, XAI provides various participation methods for players and developers.
With the popularity of blockchain games, XAI, as the first Layer 3 blockchain project, will become the core platform for blockchain gaming. Its existence means that every successful game will bring more active users and token demand to XAI.
The XAI key is not only a tool for accessing the platform but also the core for participating in the gaming ecosystem and receiving rewards. As market demand grows, the value of the key is continuously rising, providing players with new profit opportunities.
XAI is about to set sail, with a hundredfold potential.