The post Is X Empire Running Out of Bulls? X Price Dropped 11% Today appeared on BitcoinEthereumNews.com.

With the Bitcoin price losing its bullish trail, the impact is also visible in the rest of the cryptos, including X Empire, whose price has dropped 11% in the last 24 hours. The X token has barely managed to rise from its weeks-long downtrend with disappointed holders. However, with the recent drop, it is concerning that the token might lose its value in the market, as many altcoins are maintaining their gains. More importantly, it is much behind in the investor’s timeline. It is because, considering its pre-listing popularity, many analysts forecasted an X price rally to $0.1. However, it is only worth $0.0002657, making many question whether it has run out of bulls. Analyzing the X Empire Price Performance The token had a listing price of $0.00009599 but has grown to  $0.0002657, which is significantly high. However, considering the pre-listing demand for the X Empire token, it is disappointing, especially in the ongoing market conditions, where bulls are in dominance. Regardless, the token has also had its share of rallies, where it surged to an ATH of $0.00058 just five days ago. However, that lasted short, and the X price dropped immediately, following another consolidation until yesterday, as the price surged again. Yesterday, Binance launched the 1000XUSDT, a futures contract, boosting its price. At the same time, Binance listed HIPPO, whose price also boomed moments after the announcement. Overall, over the week, the token has gained 137%, which is quite high. However, today’s 11% drop is concerning as many fear a long downtrend with the bulls losing the battle. $X on Binance Perpetual Opening: 12:30 UTC https://t.co/qXUCfHVbRv — X Empire (@xempiregame) November 13, 2024 Meanwhile, its biggest competitor, Hamster Kombat, is also stuck in another consolidation phase despite the HMSTR prices’s 50% surge over the week. With that, it…

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Filed under: News - @ November 16, 2024 2:10 am