Bybit has announced the upcoming launch of $X tokens for spot trading on October 24, 2024. This news is particularly exciting for the X Empire community, which has seen nearly 1.2 million users participate in a recent airdrop, totaling close to 80 billion X tokens distributed.
X Empire, formerly known as Musk Empire, is a unique “tap-to-earn” game hosted on Telegram, where players can earn rewards by interacting with the platform. The game has rapidly gained popularity, boasting over 50 million users, with significant engagement reflected in its 12 million daily active users and 15 million connected wallets. The project has previously been listed on OKX’s pre-market and spot trading platforms.
The $X token will be integral to the X Empire ecosystem, which combines gaming with blockchain technology. Players earn in-game currency through simple tapping mechanics and can enhance their characters and empires for increased passive income potential. The total supply of $X tokens is set at 690 billion, with 75% (517.5 billion) allocated for community rewards and immediate access upon distribution.
As the token listing date approaches, excitement builds within the community. The developers have indicated that the $X token will be listed at an initial price of $0.10, creating anticipation among investors and players alike. With the token’s launch on Bybit, users will have the opportunity to trade and potentially profit from their investments shortly after the airdrop.
Despite the enthusiasm surrounding the airdrop and upcoming listing, there have been concerns regarding fairness in token distribution. Many players expressed dissatisfaction over being excluded from the airdrop, leading to discussions about transparency in the selection process. However, developers have emphasized that eligibility was based on specific criteria related to user activity within the game.
