X Empire Token Launches at Half Predicted Price: Market Reaction and Future Plans

The highly anticipated launch of the X Empire token on The Open Network (TON) has sparked a wave of disappointment among its player base. The token debuted at approximately $0.000096, falling significantly short of the expected pre-market trading price of around $0.0002.

As the day progressed, the token experienced extreme volatility, prompting concerns among the game’s substantial user community, which includes around six million eligible for an airdrop.

Key Takeaways

1. Price Performance: The X Empire token launched at $0.000096, significantly lower than the anticipated $0.0002, leading to immediate price fluctuations and settling at approximately $0.000087.
2. User Discontent: Many players expressed frustration over the airdrop amounts they received, with reports of users receiving as little as $10 worth of tokens, echoing concerns from previous airdrop events.
3. Future Enhancements: The developers of X Empire plan to introduce additional Telegram applications to boost user engagement and have hinted at a significant announcement in one month.

Market Reaction

Since its launch, the X Empire token has exhibited notable volatility, dipping to a low of $0.00005 before briefly climbing to $0.00013.

Source: Bitrue Market

As of this article was written on October 30, At the time of writing this article on October 30th the price of the X token was at $0,0000548. Previously, the token’s price has settled at roughly $0.000087. This sharp decline has raised alarms among players, who expected a more favorable debut.

The X Empire's market cap currently sits just under $40 million, significantly trailing behind competitors like Catizen, which boasts a market cap of $106 million, and Hamster Kombat at $217 million. This stark contrast has left many players questioning the token's future potential.

Developer Response and Future Plans

In light of the mixed reactions to the token's launch, the developers of X Empire have announced plans to create additional Telegram applications. These include a news feed and a language learning app, both aimed at enhancing user engagement and retention.

Additionally, the developers have teased a major announcement in one month, sparking curiosity about the game’s future direction and potential improvements.

Conclusion

The launch of the X Empire token has proven to be a tumultuous event for its player base, with significant volatility and user dissatisfaction following its debut on The Open Network. As the developers work to address concerns and improve user engagement, players remain hopeful for a brighter future for the game and its associated token.

FAQs

1. What was the launch price of the X Empire token?
The X Empire token launched at approximately $0.000096, significantly lower than the anticipated price of around $0.0002.

2. Why are players dissatisfied with the token launch?
Many players expressed frustration over the size of their airdrops, with some reportedly receiving as little as $10 worth of tokens after months of gameplay.

3. What future plans do the developers have for X Empire?
The developers plan to introduce additional Telegram applications to enhance user engagement, including a news feed and a language learning app, along with a significant announcement in one month.