Here is our recommended strategy for buying/selling $XAI - New Listing token on Binance
#XAI_GAMES is a noteworthy token today, and here are some insightful points you shouldn't miss:
XAI is the Layer3 of #Arbitrum with a current market cap of 150M, equivalent to 6% of $ARB . If Arbitrum's core team wants to push price of $ARB, pushing #XAI requires fewer resources and can naturally attract users from #GameFi .
OffChainLab is standing behind XAI, which means the team behind XAI is likely the same as that of ARB.
Market sentiment in the past two days has been somewhat fearful, with a trend of holding USDT, resulting in XAI's selling pressure when received an Airdrop of XAI . (Look at the initial candlesticks for evidence). Although previously, XAI was bought OTC at a price of 2.5u, indicating interest from a Whale Group. (Key Point)
XAI is a top Layer3 GameFi token.
If a Dapp has its own chain, it tends to have more stable development.
What next steps should we take? Buy or Sell? 👇
The market cap has dropped down by $22 million today. It would be relatively safe to buy if the market cap falls below 100M.
If possible, divide your portfolio and consider some special cases.
It is safer to wait for another three days.
If not, buy a small amount beforehand.
The strategy is similar to buying with a margin of x3, but dividing your capital into three portions for each cycle, with each cycle lasting three days, which should help minimize losses.
Regarding the SEC's hacked account, it's difficult to predict its impact on the market in advance. You should also DYOR first before following the steps above.