The spotlight is now on X Empire’s price performance after its highly anticipated airdrop and listing, set for October 24, 2024. Following the HMSTR token’s downfall, the crypto community is eagerly watching how X Empire will fare in the market. As the latest Telegram Tap-to-Earn game, X Empire has gained massive attention with its unique features, including in-game cartoon depictions of crypto icons like Elon Musk and Michael Saylor. Players have enjoyed daily rewards and effortless earning opportunities, and now, with the airdrop and token generation event (TGE) approaching, the community is waiting to see the results of their long-term involvement.

Factors That Could Fuel X Empire’s Price Rally

After several delays, X Empire’s airdrop and X Empire listing event will finally take place on October 24, 2024, at 12:00 UTC. Originally planned for the previous month, the event was postponed, increasing anticipation among players, especially following the poor performance of the Hamster Kombat token.

The phased distribution approach for the airdrop, rewarding early members first, could spark significant interest and help drive a price rally. By avoiding mass distribution, this method may prevent high volatility and build trust, which is crucial for token adoption. The transparency of the distribution process could enhance X Empire’s credibility, fostering greater market confidence.

Additionally, overall market sentiment has turned bullish, with Bitcoin leading the charge. If market conditions remain favorable, the X Empire token could experience a strong launch, further boosting investor optimism.

Challenges That Could Limit X Empire Price Growth

Despite the excitement, several factors could limit X Empire price potential. The game’s mining phase concluded last month, followed by a two-week “Chill Phase,” allowing users to accumulate additional rewards before the airdrop. However, this delay frustrated some players.

A more significant issue is the decision to exclude millions of followers from the airdrop, mirroring the Hamster Kombat debacle. Out of X Empire’s 50 million players, only 6 million will be eligible for rewards, creating negative sentiment within the community. This could severely impact X Empire price post-listing, especially as backlash continues to grow across social media.

Another key concern is the token’s low initial listing price, which is expected to range between $0.0002 and $0.01. While this may attract buyers looking for low-cost entry, it also dampens the possibility of a rapid rise to $1, particularly given the slow price growth typically seen with new tokens.

Can X Empire Price Reach $1 After Airdrop & Listing?

While there is strong demand for the X Empire token, significant concerns loom over its price performance. With the team blocking 44 million users from the airdrop—an even greater exclusion than Hamster Kombat—negative sentiment is rampant on social media, potentially stifling the token’s growth after its airdrop and listing.

At an expected X Empire listing price of $0.0002, the idea of X Empire reaching $1 seems overly ambitious, especially in the short term. Even popular meme coins have struggled for years to hit the $1 milestone.

However, if the hype continues and bullish market trends persist, X Empire could see steady price growth over time. The real test will come once X Empire token hits the market and volatility following the airdrop becomes apparent.

Conclusion: X Empire Price Prediction After X Empire Listing

While X Empire holds potential, reaching $1 after the airdrop is unlikely in the near term due to various challenges. However, if the market remains bullish and community interest stays high, the token could experience gradual growth. Investors should watch the post-listing volatility closely to gauge its future price trajectory.

Stay updated on X Empire and other crypto developments to make informed investment decisions.

X Empire Initial Futures Listing on WEEX

WEEX are excited to announce the upcoming launch of X Empire ($X) on WEEX Futures Pro, starting on October 24, 2024, at 12:05 UTC. To celebrate, we’re offering a 0% Maker & Taker fee promotion from October 24 to November 7, 2024. X Empire will be available for trading as a USDT-M Perpetual Futures pair, taking advantage of WEEX’s shared margin system, which simplifies portfolio management and enhances trading flexibility. You can start trading XUSDT on WEEX Futures Pro.