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X Empire Airdrop Listing Date: What Will Be the XEMP token Price?

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X Empire has created a new buzz in the crypto market, especially with driving inspiration from Multi-Billionaire Elon Musk. This crypto project gained immense popularity after combining the gaming industry with the DeFi one, offering the perfect opportunity to earn heavy crypto awards. Here, the user gets to experience daily combos, riddles & rebuses, similar to another popular Tap-to-earn game called Hamster Kombat. Because of this, the hype is even higher with the X Empire airdrop following the XEMP token launch.

There is also a need for this X Empire Airdrop, as the rest of the Telegram gaming tokens mainly failed moments after their launch. It includes the Hamster Kombat, who is struggling on the charts, as the HMSTR price is below $0.1. This is why, there is also a fear of the same happening to the XEMP token price.

X Empire Airdrop Launch Date & Eligibility

It has been long since the project’s team announced the plans for one of the best crypto Airdrops, increasing hype around it. However, they have not officially announced the launch date, disappointing many. Regardless, many industry experts believe that the airdrop will go live around October 15, 2024, and the Token Generation event around October 30th.

This Elon Musk-inspired project has topped the Tap-to-earn games in popularity, gaining 20 Million active users in the blink of an eye. As a result, the team has introduced the X Empire Airdrop to reward its early users who have entered the mining phases and upgraded their game components.

Moreover, there is a strict eligibility criterion that a user will have to fulfill to receive the airdrop tokens. The user should have been part of the official Telegram group to join the rest of the X Empire community. It is because the group will release all the required tasks and activity announcements in the group, making it a mandatory step to join it. Next, the user should have completed their Know Your Customer (KYC) to maintain transparency.

More importantly, the interested participants should hold significant X tokens to access the X Empire airdrop. Even maintaining an engagement within the ecosystem is a must. In this scenario, the user can participate in staking, trading, completing tasks, and many other things to increase their presence in the ecosystem. The higher the activity, the higher the chances of users receiving the XEMP airdrop tokens.

Another important X Empire news is that the XEMP token will be listed on multiple popular crypto exchanges by the end of the month to show its domination in the crypto world as well.

What Will Be the XEMP Token Price?

The Telegram game team has set a total supply of 690 Billion for the launch. Out of this, 75% is reserved for the community, which might get utilized in the X Empire Airdrop and other rewarding activities. Other than the in-app games, this is what is attracting new users every single day.

#XEmpire price post-TGE.👇

Tokenomics Overview:

Total supply: 690 billion X tokens
75% allocated to the community
Major focus on player engagement & distribution

Low Estimate: $0.002
If demand is modest and engagement remains average, $XEMP could settle around $0.002.… pic.twitter.com/nEfSF2bQcz

— CRYPTO GEEK (@Crypto_geek___) October 4, 2024

Additionally, many crypto analysts have analyzed its hype and compared it to other similar tokens launched. With that criteria, the XEMP token price might come around$0.47 and $0.55 per token. After considering the token’s circulating supply at 1 billion tokens, the utmost demand of the crypto game, the analysts have decided on this value. However, if the data varied, the XEMP token might price turn differently, as the low estimate value can come to around $0.002 per X Token.

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Pooja Khardia

With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.

As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Donald Trump Proposed Crypto Advisory Council To Set Up Strategic Bitcoin Reserve

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Donald Trump plans to establish an advisory council to position the U.S. as a leader in the cryptocurrency space. The council will spearhead policy changes, coordinate with Congress on crypto legislation, and oversee the creation of a strategic Bitcoin reserve.

The advisory council will also operate under the White House’s National Economic Council or a similar executive body. Industry executives have revealed that the council will collaborate with federal agencies like the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and the Treasury to streamline regulatory frameworks for the crypto industry.

Donald Trump To Establish Bitcoin Reserve Amid Crypto Council Formation

According to a recent report, Donald Trump’s crypto advisory council will advise on digital asset policies and oversee the creation of a strategic Bitcoin reserve. The reserve aims to position Bitcoin as a core element of the United States’ economic strategy. This will enhance the nation’s leadership in the global crypto space.

The council will work with Congress to draft legislation and coordinate between agencies such as the SEC, CFTC, and Treasury. The initiative seeks to establish clear regulatory guidelines within the crypto sector. More so, the idea of a Bitcoin reserve reflects a commitment to integrating blockchain technology into national economic frameworks.

Additionally, the move comes amid rising discussions on why the United States should consider Bitcoin as part of its national reserves, particularly in light of countries like El Salvador and Bhutan already adopting it. Advocates like Anthony Pompliano stress the urgency for the U.S. to act to maintain its leadership in the evolving digital economy.

Industry Leaders Compete for Seats on Trump’s Crypto Council

Several players in the industry, including Ripple, Kraken, Coinbase, and Circle, are vying for a position on Donald Trump’s council. These companies aim to influence the administration’s approach to crypto regulation and advocate for pro-industry policies. Executives from Paradigm and Andreessen Horowitz’s crypto arm, a16z, are also expected to play key roles in shaping the council.

Ripple and Circle, represented by their executives, have already expressed interest in contributing to the council. Circle CEO Jeremy Allaire recently emphasized the importance of building a robust, crypto-friendly infrastructure under Trump’s administration. Industry leaders hope this council will bring an end to enforcement actions seen under the previous administration.

Most recently, Cardano founder Charles Hoskinson endorsed Coinbase CEO Brian Armstrong for the potential White House crypto role under Donald Trump’s administration. Hoskinson praised Armstrong’s neutrality and deep understanding of the crypto industry, emphasizing his ability to guide regulatory progress.

Meanwhile, this major push comes as the current SEC Chair, Gary Gensler, announced he is set to resign on January 20, 2025, coinciding with Donald Trump’s inauguration as U.S. President. Ripple’s CLO, Stuart Alderoty, emphasized the need for a new Chair who will establish clear rules for crypto. 

Notably, former regulators, including Heath Tarbert, former CFTC Chair and now Circle’s chief legal officer, and Brian Quintenz, a16z’s head of policy, are reportedly advising Donald Trump’s transition team. These individuals bring extensive regulatory experience to the development of the Crypto Council and its proposed Bitcoin reserve.

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Ronny Mugendi

Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Gary Gensler To Step Down As US SEC Chair In January

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In a recent development, the US Securities and Exchange Commission (SEC) announced that Gary Gensler will step down from his position next year. This follows calls for Gensler to resign since Donald Trump won the US presidential elections.

Gary Gensler To Step Down As US SEC Chair

The US SEC announced in a press release that Gary Gensler will depart the Agency on January 20, 2025. The US SEC Chair also confirmed this development in an X post. Interestingly, this comes on the same day that Donald Trump will be inaugurated as the 47th president of the United States.

Following the announcement, Gensler also used the opportunity to reflect on his time at the Commission. He remarked that it has been an “honor of a lifetime” to serve alongside those at the SEC. He also thanked President Biden for the opportunity to serve in the position. Gensler has been the US SEC Chair since April 2021. During his time, he has spearheaded several litigations against the crypto industry.

This includes the long-running legal battle with Ripple, which Gensler took over from his predecessor Jay Clayton, which bordered on whether XRP was a security. Up till now, the Agency continues to reiterate this ‘digital asset securities’ claim.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Bitcoin Miner MARA Holdings Raises $1B To Buy More Bitcoin

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Bitcoin Miner MARA Holdings has raised approximately $1 billion through the sale of its convertible notes. The Bitcoin miner revealed that some of the proceeds from this sale would be used to buy more BTC, although they didn’t mention the exact amount.

Marathon Digital Raises $1B To Buy More Bitcoin

In a press release, the Bitcoin miner revealed that it had raised net proceeds of $980 million from its convertible notes sale after deducting the initial purchaser’s discounts and commissions but before the estimated offering expenses payable by the company.

This development is significant as MARA Holdings revealed that it will use some of the net proceeds to acquire additional BTC. It is worth mentioning that the Bitcoin miner already holds around 27,000 BTC and is the public company with the second-largest Bitcoin holdings.

This development comes as MARA also recently unveiled plans to raise $700m through convertible notes, which will mature in 2030. Meanwhile, the Bitcoin miner looks to be going head-to-head with MicroStrategy, which also recently upsized its private offering to $2.6 billion. The software company will use some of the proceeds to buy more BTC.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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