Late at night, the Bitcoin (BTC) market suddenly plunged, shockingly. After in-depth research, we found that there are multiple factors behind the plunge:
First, the Fed may raise interest rates in the market, and this news has dealt a blow to market confidence. Secondly, BTC funds are flowing out in large quantities, and nearly 200 million US dollars have flowed out this week, and the liquidity of market funds is worrying. Moreover, Bao's statement has also brought uncertainty to the market. He said that if interest rates are cut this year, the rate may not exceed 25 basis points. However, professionals believe that if deflation subsides, there may be 2-3 opportunities for interest rate cuts this year. If such an interest rate cut really occurs, the explosive power of this round of bull market will be beyond imagination, bringing a shocking impact to the crypto market.
In such a market environment, we found that after the outflow of funds from BTC, they are gradually dispersed to various sectors, and the blockchain game sector has undoubtedly become the most worthy territory to ambush. Among them, XAI, as a leader in the blockchain game field, has attracted much attention.
XAI is a layer 3 extension network of Ethereum. It aims to bring unprecedented experience to Web3 gamers. Users can own and trade valuable in-game items in their favorite games without using encrypted wallets. This innovative move makes XAI stand out in the field of blockchain games.
Just yesterday, XAI had a major update, launching the Pioneer Genesis event on GALXE. This event covers several months of game releases and tasks, aiming to promote the development of the XAI game ecosystem. There are many games announced in this event, and the project background is strong, allowing players to enjoy the fun of the game while also getting extra benefits.
This update is expected to make XAI the leader in blockchain games and the Web3 gaming platform with the most partners. This will bring significant milestones to the entire blockchain gaming industry and promote the rapid development of Web3 games and basic environment construction.
Compared with previous events, this Pioneer Genesis event has significant differences. It is expected that this update will bring 105,000 new users to the XAI ecosystem and form an active community. Community members will have the opportunity to receive generous airdrop rewards, further stimulating market enthusiasm and participation.
XAI has a promising future. Although the process may be full of twists and turns, as the backbone of Web3 games, it will surely shine in the future. At present, XAI's market value is low and the price of the currency is relatively low, providing investors with a rare layout opportunity.
If you think my article is valuable, please leave your likes and comments, and let us discuss the future development and investment opportunities in the field of blockchain games. In this market full of opportunities and challenges, let us move forward hand in hand and welcome the arrival of the blockchain game era together!
