Aspiring artist and nature lover
Aspiring artist and nature lover

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What a day, 2024 has been full of great news so far. As a reminder, I was shilling publicly to buy XAI keys for 0.35 ETH, and privately my friends and I were buying them for 0.2 ETH.
I realized the Xai Network team is Alpha tier when they airdropped keys to over 1000 people who got scammed during the mint and sent funds to the wrong contract. Later, Xai Network announced an Airdrop for node operators and that there had not yet been a snapshot, so keys could still be bought for 0.8 ETH. Now on Kucoin OTC the keys are trading for 2$+, although order book liquidity is still low. Even at 1.2$, XAI would make the key purchase profitable.
In short, I'm confident the project has a bright future ahead. Now let's look at the metrics:
๐ฐ Total XAI supply: 2.5 billion $XAI
๐ Allocated to Binance Launchpool: 75 million $XAI (3% of total supply)
๐งฎ Initial circulation: 277 million $XAI (11% of total supply), so around 5-7% goes to node operators and testnet participants
๐ Listing date: January 9th, 12:00 Kiev time
For the XAI price I expect to see $1 as a pessimistic scenario, $2 realistic and $3 optimistic. Iโve already farmed a good amount of $esXAI with my node, but will withdraw those over 180 days. Iโll likely sell closer to a bull market once I understand more about their staking mechanics to maximize yield.
I recommend watching my video (https://youtu.be/QZ4Z-hCtAKs) on the project. I still think it's not too late to buy in, even if you won't quickly break even on the key cost. Long term during the next bull market and GameFi hype cycle I see the token reaching $5-10. Right now ~1300 tokens can be farmed monthly from a node, but emissions will continually decline.
What a day, 2024 has been full of great news so far. As a reminder, I was shilling publicly to buy XAI keys for 0.35 ETH, and privately my friends and I were buying them for 0.2 ETH.
I realized the Xai Network team is Alpha tier when they airdropped keys to over 1000 people who got scammed during the mint and sent funds to the wrong contract. Later, Xai Network announced an Airdrop for node operators and that there had not yet been a snapshot, so keys could still be bought for 0.8 ETH. Now on Kucoin OTC the keys are trading for 2$+, although order book liquidity is still low. Even at 1.2$, XAI would make the key purchase profitable.
In short, I'm confident the project has a bright future ahead. Now let's look at the metrics:
๐ฐ Total XAI supply: 2.5 billion $XAI
๐ Allocated to Binance Launchpool: 75 million $XAI (3% of total supply)
๐งฎ Initial circulation: 277 million $XAI (11% of total supply), so around 5-7% goes to node operators and testnet participants
๐ Listing date: January 9th, 12:00 Kiev time
For the XAI price I expect to see $1 as a pessimistic scenario, $2 realistic and $3 optimistic. Iโve already farmed a good amount of $esXAI with my node, but will withdraw those over 180 days. Iโll likely sell closer to a bull market once I understand more about their staking mechanics to maximize yield.
I recommend watching my video (https://youtu.be/QZ4Z-hCtAKs) on the project. I still think it's not too late to buy in, even if you won't quickly break even on the key cost. Long term during the next bull market and GameFi hype cycle I see the token reaching $5-10. Right now ~1300 tokens can be farmed monthly from a node, but emissions will continually decline.
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