🚀Breaking news
💥US inflation data released, market shaken
The just released US one-year inflation forecast for June exceeded expectations, triggering market concerns about a big bearish trend. If inflation continues to rise, interest rate cuts may come faster. The market has responded quickly and a wave of plunges has occurred.
In the current bubble environment, the cost of BTC mining has reached $832,100, and miners are facing losses. Considering that BTC halving has been over for two months, this may be the last wave of market decline, and the rise of altcoins is imminent.
Now, it is crucial to choose the right altcoin layout. I am particularly optimistic about the blockchain game field, among which the XAI project has performed well.
XAI - Ethereum's third-layer expansion network based on Arbitrum, focuses on improving the user experience of Web3 games. It allows traditional game players to own and trade valuable items in the game without the need for a crypto wallet.
XAI's "Pioneer Genesis" event allows players to make money in the game, with fun and benefits coexisting. Last year, XAI distributed rewards worth $175 million to players. In the future, its gaming ecosystem will continue to launch new games, and the huge community of users will have the opportunity to receive airdrop rewards.
The current XAI price is at a new low, and I think this is a rare opportunity to buy at the bottom.