⇑ XAI Coin Surges in Market Amidst Musk's Interest and High Valuation

Different sources bring light to various aspects of XAI Coin, predominantly covering its price predictions, development updates, and various financial decisions. Positive indications lie in $6 billion funding round raising the valuation to $24 billion. Rumours suggest Elon Musk is considering a $5 billion investment. Musk's association has led to a spike in interest and a 35% rise in XAI token's weekly price.

However, Musk also chose to deny rumors of a $500 million investment. The XAI foundation has partnered with several firms, including Peeking Duck Studios and Sequence, for enhanced game development. It launched exclusive web3 games and Grok-2, an AI assistant.

An official announcement about the now-live private pre-sale event for xAI88X has also been made. ARK Invest is pouring $60 million into the endeavour, showing a significant vote of confidence.

While the coin saw a 35% crash after its launch, it quickly recovered with a 25% jump, taking its value past $1.0. There are several token unlocks planned for July.

Finally, XAI's role in the gaming network is increasing, with news about plans to add over 100 games. The Ethereum Layer-3 alternative coin was listed by Binance and Crypto.com following substantial price surges, and CoinMarketCap reported XAI as a trending game token.

XAI Coin News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Fri, 06 Sep 2024 02:19:30 GMT - Rating 8 - Innovation 7 - Information 8 - Rumor -2