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Xai Price Prediction 2024: Can XAI Maintain Investors’ Interest?

Last Updated January 25, 2024 10:28 AM
Giuseppe Ciccomascolo
Last Updated January 25, 2024 10:28 AM

Key Takeaways

  • Xai launched its XAI coin on January 9, 2024.
  • The price kept increasing after XAI launch, pasting $1.20 before retracing.
  • One price prediction says it may reach $1.88 in 2025.

The world of cryptocurrency is always evolving, and there are always new coins and tokens emerging. One such project is Xai (XAI), a cryptocurrency designed specifically for gamers.

Xai is based on the Arbitrum (ARB) Layer-2 platform, which makes it fast and efficient. This means that users can, at least in theory, trade and exchange in-game items without having to worry about slow transaction times or high fees.

The Xai network is also open and decentralized, which means that anyone should be able to participate in its governance. This gives gamers a say in how the network is developed and maintained.

Xai did not immediately respond to a request for comment

But what is Xai (XAI)? How does Xai work? Let’s see what we can find out, and also take a look at some of the Xai price predictions that were being made as of January 25, 2024.

Xai Price Prediction

Let’s examine some of the Xai price predictions being made on January 25, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, which means they can change at any time.

2024 2025 2026
Prediction #1 $1.62 $1.88 $5.47
Prediction #2 $1.12 $1.80 $5.00
Prediction #3 $1.18 $1.48 $5.48

Xai Price Prediction for 2024

DigitalCoinPrice  said that XAI would reach $1.62 this year. Techopedia  thought the token would trade at $1.12. Crowdwisdom  argued Xai would be valued at $1.18 by the end of the year.

Xai Price Prediction for 2025

Moving on, Crowdwisdom thought Xai would trade at $1.48 in 2025. DigitalCoinPrice had the token coming in at $1.88 that year. Techopedia said XAI would be worth $1.80 next year.

Xai Price Prediction for 2030

Looking at a more long-term Xai price prediction, Techopedia said the token would hit $5.00 in 2030. Crowdwisdom suggested it would reach $5.48 that year. DigitalCoinPrice made an XAI price prediction that had it trade at $5.47 at the start of the next decade.

Google BardAI Price Prediction for Xai (as of January 25)

Google’s BardAI platform gave the following price prediction for Xai on January 25. Please remember that price predictions are very often wrong and that artificial intelligence should not be trusted.

Short Term (Next 3 months)

  • Price range: $0.000526 – $0.000728
  • Reasons:
    • Overall market sentiment: If the cryptocurrency market is bullish, Xai’s price could see an increase. Conversely, if the market is bearish, Xai’s price could decline.
    • News and events: Any positive or negative news about Xai or the cryptocurrency industry could affect its price.
    • Fundamentals: The underlying technology and development of Xai could also influence its price.

Medium Term (Next 6 months)

  • Price range: $0.89 – $1.62
  • Reasons:
    • The overall performance of the cryptocurrency market: If the cryptocurrency market continues to grow, XAI could also see an increase in price.
    • The company’s progress on its roadmap: If XAI makes significant progress on its roadmap, such as launching new products or expanding into new markets, this could also boost the price of the token.
    • The level of adoption by businesses and institutions: If more businesses and institutions start using XAI, this could also lead to an increase in demand for the token and a higher price.

Long Term (Next 5 years)

  • Price range: $0.811202 – $1.904746
  • Reasons:
    • The adoption of XAI by gamers: If XAI becomes widely adopted by gamers, it could increase the demand for the token and drive up its price.
    • The development of new features and services: If XAI develops new features and services that are attractive to gamers, it could also increase the demand for the token and drive up its price.
    • The overall performance of the cryptocurrency market: The price of XAI is also likely to be affected by the overall performance of the cryptocurrency market. If the cryptocurrency market as a whole is bullish, XAI is likely to follow suit. However, if the cryptocurrency market is bearish, XAI is likely to decline in price.

XAI Price History

Now, let’s examine the Xai price history . While we should never take past performance as an indicator of future results, knowing what the token has achieved can provide us with some very useful context if we want to make or interpret an Xai price prediction.

XAI first came onto the open market on January 9, 2024, when it was worth about $0.6767. It went up steadily, breaking past $1.20 on January 17, 2024. XAI then pulled back a bit, being worth $0.71 at the time of writing (January 25, 2024).

Xai in 2024

Xai price history
Xai’s price in 2024 | Credit:CoinMarketCap
As of January 25, 2024, there were 277.1 million XAI in circulation out of a total supply of a little over 1 billion. This gave Xai a market cap of about $197.5million, making it the 196th largest crypto by that metric.

Is Xai a Good Investment?

It is hard to say. The token’s price has shot up after its launch, but there may already be signs of a downturn.

On the other hand, there are good reasons for Xai’s recent price surge, with new developments getting investors attention.

As always with crypto, you will need to make sure you do your own research before deciding whether or not to invest in XAI.

Will Xai go up or down?

No one can really tell right now. While the Xai crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up.

Should I invest in Xai?

Before you decide whether or not to invest in Xai, you will have to do your own research, not only on XAI, but on other coins and tokens such as Filecoin (FIL). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

Xai (XAI) Explained

Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.

How Xai Works

Xai  empowers traditional gamers to participate in open trade, allowing them to trade in-game items in their favorite games without the necessity of interacting with crypto wallets. The Xai network is open and decentralized, enabling anyone to operate a node, receive network rewards, and participate in governance.

Xai Attention Tracker

Xai Google search volume
Xai’s Google search volume for the last 90 days. Credit | Google
Here is a chart for Xai XAI’s Google search volume for the past 90 days. This represents how many times the term “Xai XAI” has been Googled over the previous 90 days.

FAQs

How many Xai are there?

On January 25, 2024, there were 277.1 million Xai in circulation out of 1 billion of the total supply.

Will Xai reach $10?

It might, but not soon. DigitalCoinPrice expects XAI to reach that level in 2032.

What is Xai used for?

Xai is built to enable open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to interact with crypto-wallets.

Further reading

Bitcoin Price Prediction 2024: What is BTC?

Solana Price Prediction 2024: What is SOL?

Sui Price Prediction 2024: What is SUI?

Disclaimer

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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