Xai releases Staking V2, opportunities for staking value growth emerge

Xai, which was launched on Binance at the beginning of the year, is one of the currencies I focus on. After the launch, I made a correction and entered the market, and I got about double the increase. In fact, as long as you don’t FOMO, most of the new coins recently released by Binance will give very comfortable returns.

Xai is the first third-layer blockchain in the Arbitrum ecosystem, designed to guide traditional gamers to web3 games. In other words, Xai is an important token on the Arbitrum chain in the Gamefi section, and the third-layer network technology used can significantly reduce or even completely reduce the Gas fee in the game.

Just now, Xai released the latest staking rules - Staking V2, which is a brand new way of playing. It mentions the concept of Sentry keys, which literally means sentinel nodes in Chinese. Here we can understand it as monitoring nodes, and monitor the Xai rollup protocol through monitoring nodes. If an incorrect block is encountered, an alarm will be directly issued so that human intervention can be resolved or handled through other protocols. It can quickly verify block information and speed up node operation. This is a bit like the representative assembly system, where the public vote is sent out through representatives, and the node information here is also processed by Sentry keys first. Then I went to the official website to check the price of Sentry keys, which is currently 1.43AETH. Then holding a Sentry key node can do a lot of things, and the most important point is that you can create your own pool. In the pool, the creator of Sentry keys can freely set rules so that participants can get rewards or airdrops within the rules when staking esXai. We can understand that the Xai network wants to build an ecosystem leading to the Gamefi field with Sentry keys as the cornerstone and exXai as the ecosystem. What Xai does here is what Meituan, Pinduoduo, and Taobao do in the game field. A game developer with Sentry keys as the ecological node in the whole ecosystem, and gamers with exXai as effective investment can participate in the staking system of the new game direction. It can be seen that this is a brand new strategic idea. If it can be successful, the price of Xai will create a new height.

From the fundamentals of Xai, there are currently 277 million Xai in circulation, with a market value of 292 million Xai and a total supply of 2.5 billion Xai. The current price is around $1. The market value of Xai ranks 180th in the entire network. As a new coin that has just been listed on Binance, there is still room for growth.

It can be seen that XAI is currently at the 4H level, from a high of $1.63 to a low of $0.97, with a maximum retracement of 40.5%. This is a regular adjustment range for mainstream currencies, especially when there is a 200% increase in the previous period. At the same time, we observed that XAI did not follow Bitcoin excessively during its rise, proving that Xai is currently following an independent structure and market. From the current structure, Xai is gradually completing its descending convergence triangle. Once a breakthrough occurs in the structure and it stands at $1.2, I think Xai is very easy to create a new high in structure, in conjunction with the start of the ecological staking V2 activity mentioned above. In terms of value, Xai has a certain chance to start an upward trend of $10 in this round of bull market.

Due to my limited level, the K-line Journey to the West strategy is for reference only and cannot be used as an investment basis.

$XAI

热点： FOR VALUE XAI