Check Today's Crypto Market:
Bittime - Xai Gaming Token Hits All-Time High, as the token of Xai's Arbitrum layer-3 network continues its new bull run to set an all-time high.
Xai Had Soared
XAI surged to set a new peak price of $1.51 on Friday morning, but has dropped to $1.35 since then. Despite this, the value is up more than 6% in a day and 37% over the past week. It is one of several prominent gaming tokens to push to all-time highs in recent days, including tokens for Heroes of Mavia (MAVIA) , Parallel (PRIME) , and the Beam (BEAM) network .
Also read : What is a Token?
The Xai token debuted in January and nearly doubled its debut price, according to data from CoinGecko.
Meanwhile, the RON token of the gaming-oriented Ethereum Ronin network is gradually climbing back to its position after falling overnight, after the private wallet of the network's founder, Jeff "Jiho" Zirlin, was hacked and drained of millions of dollars in crypto.
Some 3,250 ETH ($9.5 million) was taken from Zirlin's wallet and funneled through the Tornado Cash coin mixer to hide their movements. Zirlin confirmed on Twitter near midnight Thursday that he was the victim of an attack, which immediately affected RON prices.
"This is a difficult morning for me. Two of my addresses have been hacked," he said in a tweet. "This attack was limited to my personal account, and had nothing to do with the validation or operation of the Ronin chain. Additionally, the leaked keys had nothing to do with the operations of Sky Mavis."
Ronin representatives further emphasized that the attack was limited to Zirlin's personal wallet and did not affect the network itself, the bridge to Ethereum, or developer Sky Mavis—creator of the Ethereum game chain and the Axie Infinity game. Ronin Bridge was previously exploited for $622 million worth of crypto in 2022, but affected users were ultimately paid damages by Sky Mavis.
Also Read How to Buy Ronin Coin (Guide)
RON fell from a price of $3.16 to $2.74 within minutes of Thursday's attack. It has partially recovered since then and returned above the $3.00 level several times, but currently sits at $2.90 per CoinGecko. Down 9% in a day, but about the same over the past week.
Xai (XAI) Price
According to Market Bittime.com, currently (26/02/2024) Xai/IDR is at 23,828 with an increase of +1.74% over the past 24 hours
Source: marketbittime.com
Closing Thought
The token has seen a significant rise in recent months amid the rise of Pixels, a retro-style social game that has helped attract hundreds of thousands of monthly active users to the network. The PIXEL token launched on Monday, generating more than $1 billion in trading volume in less than a day to become one of the 10 most traded coins in the world on that day.
How to Buy Xai (XAI) on Bittime
You can buy and sell Xai (XAI) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Xai (XAI) is available on Bittime with the market pair XAI/IDR . To be able to buy XAI IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Xai (XAI) on Bittime .
Monitor price chart movements of Xai (XAI), Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
significant from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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