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AI-X is a new cryptocurrency project harnessing Artificial Intelligence to create a decentralized ecosystem for exchanging digital assets.
X is the utility token of the platform. At 6:30am EST, the token price shows a loss of 48.7% in 24 hours, a bearish reversal.
However, its 7-day gain is 21.2%, and its 30-day gain is 891.4%, a sizable increment for the token.
It implies that the bulls are still active in the market.
X In Overbought Region as Retracement Approaches
X is trading in an uptrend on the 15-minute chart despite the red candle forming.
The price is in the upper region of the Donchian Channel (DC), expressing a bullish sentiment.
Also, the Relative Strength Index (RSI) value is 100 in the overbought region above 70.
It implies that the buying pressure is high today.
X’s Moving Average Convergence/Divergence (MACD) is above its signal line, mirroring the bullish trend also confirmed by its histogram bars.
All indicators are bullish as X is in the overbought region.
However, traders must exercise caution with opening new long positions as X can retrace at any moment following the signal from the RSI.
Factors Influencing AI-X’s Price
AI-X is a token backed by Artificial Intelligence, a thriving niche in the crypto space.
The growth potential of the AI industry will likely affect the token’s price positively.
X is listed on notable crypto exchanges such as BITKAN, LBANK, and MEXC.
These exchanges have numerous subscribers who can trade the X token, thus boosting its exposure and value.
Also, the project team claims to have drawn the interest of Elon Musk in the project.
Notably, Musk renamed Twitter to X this month, spiking the token price to its all-time high value of $0.000000001431 on July 24.
However, Elon Musk is not directly affiliated with X even though he has a project named x.ai, similar to AI-X.
Chimpzee ($CHMPZ) – The AI-X Eco-friendly Alternative
Chimpzee is an eco-friendly initiative powered by blockchain technology focusing on environmental preservation.
The project aims to protect endangered species and habitats while combating deforestation. Also, it relies on advanced Web3 technology to achieve its environmental goals with a thriving and passionate community passionate about its goals.
$CHMPZ is the platform’s utility token. It gives users full access to all the features available in the ecosystem. The token is on presale allowing investors to join the project early and earn rewards.
Why Buy CHMPZ?
Chimpzee runs an effective ecosystem with different user rewards based on their engagement with the platform’s activities. Its top features include,
- Shop To Earn (S2E) Model: The Chimpzee shop uses the S2E model to reward users with CHMPZ tokens for buying items from the virtual shop.
- NFT Marketplace: This marketplace features a Trade-to-Earn (T2E) model rewarding users for trading in the NFT shop. Additionally, traders earn a fraction of the platform’s trading fees as rewards.
- Play-to-Earn (P2E) Mode: Chimpzee entertains with its gameplay mode. Also, users earn tokens as rewards in the Play-to-Earn (P2E) model.
CHMPZ Presale
CHMPZ presales are ongoing, with less than a week left to the next price level.
The presale is stage 8, and each token is worth $0.000775. 1 USDT can purchase 1290 CHMPZ at this stage, a fair deal for investors before the next price increment.
The Token’s price will increase to $0.00085 by the next stage.
Furthermore, the presales have attained the $998,000 milestone and approached its 1.14 million target for this stage.
Over 1.6 billion CHMPZ tokens have been sold in the presale, showing rising investor interest. Its official listing price is $0.00185.
This price will potentially reward early investors up to 176% of their initial stakes.
Also, investors that buy tokens within the next four days will receive up to 125% bonus coins.
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