X Empire ($X), with a total supply of 690 billion tokens, is set to have its official airdrop listing on October 24th, 2024. As per the distribution plan, 70% of the total supply, amounting to 483 billion $X tokens, is allocated to miners and vouchers, while the remaining 30%, or 207 billion tokens, is reserved for new users and future phases.
At the time of the airdrop listing, the initial price for 1 $X is expected to be $0.0002. Based on this price, the fully diluted market capitalization of X Empire would be approximately:
690,000,000,000* 0.0002 = 138,000,000
Given the significant allocation to miners and early adopters, there could be substantial selling pressure immediately after the listing. However, with 207 billion tokens reserved for new users and future development, the project could attract a broader audience and sustain long-term growth.
Potential Price Movement
If X Empire gains traction in the crypto community and garners enough exchange support, the price could rise. For instance, if the price were to increase by 50% post-listing due to hype and increased demand, the new price could reach:
0.0002 * 1.5 = 0.0003
In this case, the market cap would rise to:
690,000,000,000 * 0.0003 = 207,000,000
On the other hand, in a bearish scenario, the price may dip to $0.00015 due to early sell-offs, leading to a market cap of approximately $103.5 million.
X Empire Listing on OKX
The $X Empire token will debut on OKX, a leading Tier-1 exchange, on October 24th. With OKX’s 50 million users, the listing after the Token Generation Event (TGE) promises increased visibility and potential demand for $X in the crypto market.
Conclusion
X Empire’s price will largely depend on the community’s response, exchange listings, and future developments. While the initial price is set at $0.0002, further growth or decline will depend on market conditions, adoption, and promotional efforts.
Also Read: X Empire Airdrop Listing Date Set: Only 5 Day Left in Chill Phase
