X2Y2
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š X2Y2 Closes NFT Marketplace, Shifts Focus to AI
After three years of operation, NFT exchange X2Y2 announced that it will close on April 30, marking its shift to artificial intelligence (AI). The development team asserted that AI is āthe biggest turning point in lifeā and is building a new project related to this technology.
Although X2Y2 has achieved a trading volume of $ 53.6 million in the past year, this figure is still far behind competitors such as Blur or OpenSea. However, experts say that this is not a sign of the decline of the NFT market, but proof that NFT platforms need to focus more on practical applications instead of relying solely on speculative trading.
X2Y2's new AI project has not been revealed in detail, but the company hints at a decentralized profit model that can operate across market cycles. This move also reflects the growing trend of AI agents in the crypto space, similar to the boom and bust of previous ICO projects.
Let's wait and see if X2Y2's move is successful.
#X2Y2 #NFTā #AI
After three years of operation, NFT exchange X2Y2 announced that it will close on April 30, marking its shift to artificial intelligence (AI). The development team asserted that AI is āthe biggest turning point in lifeā and is building a new project related to this technology.
Although X2Y2 has achieved a trading volume of $ 53.6 million in the past year, this figure is still far behind competitors such as Blur or OpenSea. However, experts say that this is not a sign of the decline of the NFT market, but proof that NFT platforms need to focus more on practical applications instead of relying solely on speculative trading.
X2Y2's new AI project has not been revealed in detail, but the company hints at a decentralized profit model that can operate across market cycles. This move also reflects the growing trend of AI agents in the crypto space, similar to the boom and bust of previous ICO projects.
Let's wait and see if X2Y2's move is successful.
#X2Y2 #NFTā #AI
#NFTMarketplace : #X2Y2 Shutting Down After 3 Years Amid 90% Trading Volume Drop
NFT marketplace X2Y2 has announced it will shut down its trading platform on April 30 after three years of operation. While its smart contracts will remain functional, users will no longer have access to the platformās front-end interface.
Meanwhile, the X2Y2 token has plunged 13% in the past 24 hours, now trading at $0.0014. Its market cap has dropped below $540,000, a staggering decline of over 99% from its all-time high of $4.14 in February 2022.
Is this the end for X2Y2, or could a comeback be possible? š¤š
#NFT #CryptoNews #X2Y2
NFT marketplace X2Y2 has announced it will shut down its trading platform on April 30 after three years of operation. While its smart contracts will remain functional, users will no longer have access to the platformās front-end interface.
Meanwhile, the X2Y2 token has plunged 13% in the past 24 hours, now trading at $0.0014. Its market cap has dropped below $540,000, a staggering decline of over 99% from its all-time high of $4.14 in February 2022.
Is this the end for X2Y2, or could a comeback be possible? š¤š
#NFT #CryptoNews #X2Y2
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The decline of NFTs and the weakening of ETH: How to address the ecological imbalance of Ethereum?
On March 31, the NFT trading platform X2Y2 announced that it would officially cease operations on April 30, 2025. The platform recorded a total trading volume of $5.6 billion during its three years of operation.
The CEO of X2Y2 stated that NFT market trading volume has decreased by 90% from its peak, saying: 'The survival of market platforms depends on network effects. It's time to let go and create something with more lasting value.'
The team emphasized that this is not a complete farewell but a strategic transformation. Over the past year, they have been exploring the AI field, focusing particularly on the potential for integrating AI with crypto technology. They plan to develop an AI-driven decentralized platform aimed at continuously creating value rather than merely following market trends.
The CEO of X2Y2 stated that NFT market trading volume has decreased by 90% from its peak, saying: 'The survival of market platforms depends on network effects. It's time to let go and create something with more lasting value.'
The team emphasized that this is not a complete farewell but a strategic transformation. Over the past year, they have been exploring the AI field, focusing particularly on the potential for integrating AI with crypto technology. They plan to develop an AI-driven decentralized platform aimed at continuously creating value rather than merely following market trends.
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#X2Y2 closed platform #NFT on April 30 after 3 years of operation, the reason being that trading volume has decreased by 90% compared to the peak in 2021. They will maintain the smart contract for users to connect, but warn that the X2Y2 token may be affected.
The project team asserts that they are not leaving crypto but are shifting to the AI sector.
The project team asserts that they are not leaving crypto but are shifting to the AI sector.
šØ BRAKING NEWS :
_ x2y2 NFT plate farme is closed.
ā ļø Scam #Alertš“ :
_ NFT is going to close. After closing withdrawal you cash less time remaining.
#BinanceAlphaAlert #X2Y2 #scam
_ x2y2 NFT plate farme is closed.
ā ļø Scam #Alertš“ :
_ NFT is going to close. After closing withdrawal you cash less time remaining.
#BinanceAlphaAlert #X2Y2 #scam
#NFT Marketplace#X2Y2 To Shut Down After 3 Years as Trading Volume Drops 90%
#NFTā Marketplace X2Y2 To Shut Down After 3 Years as Trading Volume Drops 90%NFT marketplace X2Y2 will shut down its trading platform on April 30 after three years of operation. While the marketplaceās smart contracts will remain functional, users will no longer have access to its front-end interface. The native token, X2Y2, has dropped 13% in the past 24 hours to $0.0014, bringing its market cap below $540,000ādown over 99% from its all-time high of $4.14 in February 2022.
#NFTā Marketplace X2Y2 To Shut Down After 3 Years as Trading Volume Drops 90%NFT marketplace X2Y2 will shut down its trading platform on April 30 after three years of operation. While the marketplaceās smart contracts will remain functional, users will no longer have access to its front-end interface. The native token, X2Y2, has dropped 13% in the past 24 hours to $0.0014, bringing its market cap below $540,000ādown over 99% from its all-time high of $4.14 in February 2022.
X2Y2 is shutting down its NFT marketplace on April 30, 2025.
It was once a top NFT platform with $5.6B volume.
Due to low activity, itās closing, but users can still withdraw assets.
The team will now focus on AI + crypto.
#X2Y2 #NFTs #CryptoNews #Web3 #Al
It was once a top NFT platform with $5.6B volume.
Due to low activity, itās closing, but users can still withdraw assets.
The team will now focus on AI + crypto.
#X2Y2 #NFTs #CryptoNews #Web3 #Al
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