Will X Empire Price Hit $1 After Airdrop & Listing on October 24, 2024?

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As a seasoned analyst with years of experience in the crypto market, I’ve seen my fair share of ups and downs. The anticipation surrounding X Empire is palpable, and it’s not hard to see why – the game has gained popularity due to its unique concept and the involvement of well-known personalities like Elon Musk and Michael Saylor. However, the recent failure of the HMSTR token serves as a stark reminder that success in this space is never guaranteed.

Following the collapse of the HMSTR token, attention has shifted towards the price trajectory of the X Empire since its listing this month. The recently launched Telegram Tap-to-earn game, X Empire, has garnered substantial popularity due to its captivating cartoon depictions of well-known crypto figures such as Elon Musk and Michael Saylor. Additionally, it provides daily rewards and straightforward earning possibilities for players. Now, with the upcoming airdrop and TGE, players eagerly await the results of their several months’ worth of investment.

Factors Favoring The X Empire Price Rally

At long last, the highly anticipated X Empire airdrop and token listing will take place on October 24, 2024, at 12:00 UTC. Originally scheduled for the previous month, this event has been pushed back to the end of this month due to unspecified reasons. As we eagerly wait for this moment, player excitement has soared even higher following the disappointing performance of the Hamster Kombat token on the market charts.

As a researcher, I’m excited about the upcoming launch and the massive airdrop that follows, distributed in phases to reward early members first. This strategic approach could generate significant buzz around the X Empire token, potentially igniting a price surge.

Furthermore, the user’s feelings towards investment seem to have become more ambitious, while Bitcoin prices are on an upward trend, suggestively following the bulls. Under similar market circumstances, it is possible that the X price could also experience a promising beginning.

Factors Limiting X Empire Token’s Performance

In the past month, the mini-game on Telegram concluded its mining stage and initiated a two-week Chill Phase to accumulate additional earnings prior to the airdrop. This delay, however, has left some users disgruntled. What’s more concerning is that the team followed in the footsteps of their competitor by excluding millions of their fanbase from receiving the airdrop. As a result, the game has faced a significant amount of criticism from its players. Out of its 50 million player base, only 6 million are eligible for the reward, generating negative feelings towards it. This could potentially lead to a drop in the X Expire price. Similarly, the HMSTR price is currently struggling due to this decision, but there’s hope for change with Season 2.

To the Valued Team at xEmpireGame,

They are the main piller of X Empire project #X $X #XEmpire

— Chandu Gogula (@jchandu67) October 19, 2024

Furthermore, there’s talk that the token will be listed for $0.0002, which seems quite modest compared to major tokens that were initially priced between $0.001 and $0.10 upon launch. This could potentially influence the sentiment of players. However, it might also appeal to buyers who see this as a low entry point.

Will X Empire Price Hit $1 Past Airdrop & Listing?

Despite strong interest, there’s significant apprehension among token holders regarding the price trajectory of the X Empire. With the X Empire team having barred access to over 44 million users, exceeding Hamster Kombat’s incident, users are expressing intense frustration in their posts. These negative sentiments, particularly at this critical juncture, could hamper the token’s performance beyond the airdrop and launch. Furthermore, with the anticipated listing price hovering around $0.0002, achieving a target of $1 seems rather unattainable, especially initially. It’s worth noting that many well-known meme coins and tokens have struggled for years to reach the $1 mark, so it would be overly optimistic to expect this newly minted token to do so in such a short span of time.

If the excitement and the influence of the bulls persist, undoubtedly, the price of X Empire will increase. Yet, we need to observe the effects of volatility following the X Empire token airdrop on the token’s price.

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2024-10-22 15:54