Xai (XAI) is an ambitious new blockchain project aiming to enable real digital economies and free trade of in-game assets in video games.
With major partnerships already signed and a mainnet launch last week, the native XAI token has strong potential to see 10x gains if adoption takes off.
But according to market pundits, another crypto asset called Bitcoin Minetrix (BTCMTX), which utilizes novel mining technology, could potentially deliver even higher returns this year.
Xai Network Launch Draws Enormous Buzz from Gaming Enthusiasts
The Xai Network aims to be the infrastructure for next-generation video games with integrated blockchain economies.
In simple terms, it wants to enable true ownership and free trade of in-game assets like skins, weapons, virtual land, and more – things that players cannot buy or sell outside of games.
For example, players may have collected rare weapon skins and armour over months of gameplay in a multiplayer shooter game.
In most traditional games, these items are locked to the player’s account forever.
But the Xai Network would allow players to freely trade them for crypto tokens, cash them out, or even use them in other compatible games that build on the Xai blockchain.
The developers launched the mainnet on January 9, which has led to massive demand for XAI tokens.
At the time of writing, XAI is trading for $1.02, a 59% jump in the past seven days.
Can XAI Token 10x & Reach $10 in 2024?
With the recent successful launch of the Xai mainnet, there is growing speculation that the native token could see major gains this year.
Given the massive addressable market of gamers globally, significant partnerships already secured, and its unique value proposition, a 10x rise for XAI by the end of 2024 is certainly possible.
If momentum continues and adoption begins picking up pace, XAI reaching $10 does not seem overly ambitious.
This would give the project a $2.8 billion market cap, pushing it into the top 40 cryptocurrencies globally.
Key factors that could catalyze further XAI price rises throughout the year include announcing new game integrations and growing on-chain activity.
According to Xai’s whitepaper, an unnamed leading Web3 game developer is also set to deploy its flagship game to the network in May.
This has added to the buzz around XAI’s price prospects – positioning it as one of the most exciting gaming-related cryptocurrencies on the market.
Which Other Altcoins Also Have 10x Potential in 2024?
While XAI offers immense potential, investors searching for cryptos capable of even higher returns in 2024 are looking to the presale market.
One project making waves in this space is Bitcoin Minetrix, a mining-focused initiative that could deliver more than 10x growth if the development team achieves their ambitious roadmap.
Next-Gen Mining Protocol Bitcoin Minetrix Turns Heads with Groundbreaking Stake-to-Mine Feature
Bitcoin Minetrix is an Ethereum-based project that aims to revolutionize the crypto-mining space.
The development team plans to do this through a concept called Stake-to-Mine, where users can stake BTCMTX to earn cloud mining credits.
These credits can then be burned to produce cloud mining power, which mines Bitcoin on the users’ behalf.
The mined returns are then sent back to the user’s wallet – providing everyday investors the opportunity to earn passive income without needing expensive hardware.
Users can also boost their income potential by locking up their BTCMTX tokens in the staking pool, which currently offers 74% APY.
Early data indicates that investors are excited about Bitcoin Minetrix’s features, with more than 12,100 people actively participating in the project’s Telegram channel.
No release date has yet been announced for Bitcoin Minetrix’s Stake-to-Mine protocol, yet early investors can buy BTCMTX through the ongoing presale in anticipation of its launch.
BTCMTX tokens are available to buy for $0.0129 – although this price will increase gradually in future presale stages.
All in all, while XAI undoubtedly has solid potential, Bitcoin Minetrix might present a more speculative opportunity by targeting the lucrative crypto-mining market.
Investors can participate in the Bitcoin Minetrix presale event by heading to bitcoinminetrix.com.
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