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X Empire Price Prediction: What To Expect on $X Listing?

Lokesh Gupta Lokesh Gupta Calendar 14-10-2024

X Empire Price Prediction After Airdrop Listing on October 24th, 2024

X Empire ($X), with a total supply of 690 billion tokens, is set to have its official airdrop listing on October 24th, 2024. As per the distribution plan, 70% of the total supply, amounting to 483 billion $X tokens, is allocated to miners and vouchers, while the remaining 30%, or 207 billion tokens, is reserved for new users and future phases.

At the time of the airdrop listing, the initial price for 1 $X is expected to be $0.0002. Based on this price, the fully diluted market capitalization of X Empire would be approximately:

690,000,000,000* 0.0002 = 138,000,000

Given the significant allocation to miners and early adopters, there could be substantial selling pressure immediately after the listing. However, with 207 billion tokens reserved for new users and future development, the project could attract a broader audience and sustain long-term growth.

Potential Price Movement

If X Empire gains traction in the crypto community and garners enough exchange support, the price could rise. For instance, if the price were to increase by 50% post-listing due to hype and increased demand, the new price could reach:

0.0002 * 1.5 = 0.0003

In this case, the market cap would rise to:

690,000,000,000 * 0.0003 = 207,000,000

On the other hand, in a bearish scenario, the price may dip to $0.00015 due to early sell-offs, leading to a market cap of approximately $103.5 million.

X Empire Listing on OKX

The $X Empire token will debut on OKX, a leading Tier-1 exchange, on October 24th. With OKX's 50 million users, the listing after the Token Generation Event (TGE) promises increased visibility and potential demand for $X in the crypto market.

Conclusion

X Empire's price will largely depend on the community's response, exchange listings, and future developments. While the initial price is set at $0.0002, further growth or decline will depend on market conditions, adoption, and promotional efforts.

Also Read: X Empire Airdrop Listing Date Set: Only 5 Day Left in Chill Phase

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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