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AI-X Price Prediction As X Crypto Coin Rides The Musk Twitter Rebrand. Does Token Have A Future?

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AI-X
AI-X

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Twitter’s rebranding to X led to a remarkable +360% surge in AI-X Coin. The move by Twitter CEO Elon Musk has sparked excitement in the crypto market, raising questions about the token’s potential. To find out if AI-X Coin has a promising future, continue reading.

Twitter Rebranding as X, Sparks Cryptocurrency Frenzy

Twitter, now known as X, rebranded yesterday after CEO Elon Musk’s announcement. Musk highlighted X’s potential to become a major player in the global financial system, similar to China’s popular WeChat app.

https://twitter.com/SputnikInt/status/1683447184174325761

The cryptocurrency market soared with a surge of euphoria, especially among coins with the X ticker symbol, as investors rushed to seize the opportunity fueled by FOMO sentiment.

Amid the hype, several new coins with the X symbol have emerged, aiming to capitalize on the rally. However, many of these new coins have been identified as scams, taking advantage of unsuspecting investors’ enthusiasm.

During the market frenzy, AI-X coin stood out with an impressive 360% price surge in just 24 hours.

AI-X Coin Records Astounding Performance on LBank

AI-X Coin has seen an impressive surge of 5813.34% since its listing on LBank.com, capturing the attention of investors and claiming the top position on LBank’s Weekly chart.

Poloniex’s Newest Listing

On July 24, AI-X (X) was listed on Poloniex, marking the latest addition to the exchange’s offerings. Full trading capabilities for the coin were enabled at 11:00 (UTC).

Inconsistent Information and Limited Online Presence of AI-X Coin

AI-X coin raises concerns due to its limited information, relying solely on Twitter and Telegram without a website. This lack of transparency raises credibility questions, and being flagged as suspicious on DEXTools adds to doubts surrounding the project. Caution is advised before investing.

AI-X Coin blacklisted
Source: DEXTools

Despite suspicions raised about the project, the official Twitter account of AI-X coin boasts about achievements, including exchange listings, creating a contradictory narrative.

Investors should exercise caution with AI-X coin due to conflicting information and limited online presence. Conduct thorough research before making any investment decisions, as is advised in the crypto sphere.

AI-X Price Analysis

AI-X has surged by 31% on the 12-hour chart, showing significant gains in the last two days after an upward trend since July 9.

However, it faced a 37% decline on July 25 from its recent highs.

The coin is currently encountering resistance at the 38% Fibonacci Retracement level of 0.0000000009280, which, if broken and closed above, would reinforce the ongoing upward trend.

AI-X Coin price
X/USD 12-hour chart

The coin finds initial support at the 50% Fibonacci Retracement level, near the 9-day Exponential Moving Average (EMA), signifying a robust bullish trend. Furthermore, the Moving Average Convergence Divergence (MACD) histograms are above the zero line, suggesting the possibility of further upward movement.

Considering possible price increases, it is wise to wait for confirmation. A positive signal would be the price breaking and closing above the 0.0000000009280 level before considering a long position in the market.

DEXTools currently lists AI-X with a market cap of $8.52M and a 24-hour trading volume of $9.1M, boasting a reliability score of 99/99 and a 56.9% Community Trust from 517 votes. However, it’s crucial to note that the coin is blacklisted on DEXTools, raising concerns about its status.

Amidst worries about AI-X Coin and other X-related cryptocurrencies, LPX stands out as a trustworthy option, free from any scam alerts and displaying promising growth potential.

Alternative to AI-X Coin

LPX is the native asset for the Launchpad XYZ ecosystem.

It is currently experiencing overwhelming success with its ongoing presale of the $LPX token, surpassing $1.188 million in funds raised.

The platform’s appealing web3 features drive this impressive performance.

It is expected to reach $1.55 million soon, which could lead to a rise in the token’s price.

After the presale, Launchpad XYZ will provide various web3 services, such as a DEX trading terminal, NFT exchange, market information hub, and the Trading Edge newsletter, offering valuable insights for web3 users of all levels.

Launchpad XYZ, besides its trading capabilities, envisions building a metaverse library and web3 gaming hub to offer users an immersive and engaging experience.

The Promise of $LPX: More Than Just a Token

$LPX token serves as the main currency on the platform, providing holders with fee discounts, exclusive NFT mints, and beta P2E game launches. Additionally, staking a minimum of 10,000 $LPX tokens offers community members prestige badges.

With the rapid adoption of web3 and the rise of Launchpad XYZ as a prominent platform, the $LPX token may experience considerable value growth. Sporting a maximum token supply of 1 billion and an initial fully diluted market cap of $70 million, $LPX holds promising potential for generating substantial returns down the line.

Explore Web3 with Launchpad XYZ: All-in-One Platform for Success

Launchpad XYZ aims to democratize web3 by offering a comprehensive suite of services, including insights, learning resources, trading alpha, analytics, and strategies to empower traders with the knowledge and tools needed to succeed in the complex web3 landscape.

The platform streamlines the understanding of markets and facilitates intelligent decision-making for all users.

Launchpad XYZ provides traders with a wide range of resources, such as data, market sentiment analysis, and insights, empowering them to navigate the cryptocurrency space with confidence.

The platform offers real-time updates on upcoming web3 investments, exclusive alerts for crypto presales, and the ability to stay ahead of the curve, enabling investors to discover new opportunities.

Visit Launchpad XYZ here

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