Back to collectionLayerZero News, an IMX Comparison, and a Second Buy
After days of debate over circulating supply, the market received infrastructure news. XAI rose on heavier volume to USD 1.20, with trading value returning to the level of its listing week. The partnership and the valuation calculation gave the market fresh material to discuss; Sisyphus had also increased his exposure.
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After days of debate over circulating supply, the market received infrastructure news. Sisyphus had followed XAI since the airdrop. He feared missing the rally but knew that valuation comparisons could quietly omit their assumptions.
XAI rose on heavier volume to USD 1.20, with trading value returning to the level of its listing week. The team announced a partnership with LayerZero: Xai gained its formal support, and LayerZero joined the data availability committee. In Chinese-language discussions, people compared XAI with IMX: using IMX’s peak fully diluted valuation from the previous cycle, XAI at USD 2 would amount to only 28% of that figure. Sisyphus made his second purchase, lifting his average entry price above USD 1.10. He called it “buying a ticket after boarding.”
The partnership and the valuation calculation gave the market fresh material to discuss; Sisyphus had also increased his exposure. He decided to watch how formal support translated into practice and recalculate his position. IMX’s former peak was a hypothetical benchmark, not a promise that XAI would reach USD 2 or protection against a drawdown.