XAI is the second most popular cryptocurrency in crypto discourse today, following its listing on the world's leading crypto exchange, Binance.
XAI – a blockchain game token – is second only to Bitcoin (BTC) regarding popularity in social media mentions. At press time, Santiment data shows that among all these mentions, 53% express a positive sentiment, 31% a negative sentiment and the rest are neutral.
Attention to XAI is likely caused by current events Binance announces that the token would be listed on the platform. Nonetheless, the positive sentiment surrounding the listing has not protected the token from the general market slowdown today.
XAI is trading at $0.55 after seeing its price drop by over 18% in the last 24 hours. The 24-hour trading volume stands at $323 million at press time. Nonetheless, the mostly positive social sentiment shows that the market reaction to the listing was likely positive and that the slowdown should be attributed to market forces alone.
XAI goals create real economies and open commerce in video game ecosystems, allowing players to own and trade in-game items without using crypto wallets. The network also enables independent operation of nodes and rewards maintainers with tokens and access to governance.