Back to collectionXAI Reaches USD 1.60 as the Work Queue Fills
For days, the community had watched USD 1.50, while the Hall of Goats partnership had raised expectations for games. Volume rose during the Asian afternoon, buying consumed the sell wall at USD 1.50, and the price climbed in steps. The foundation also had two announcements unrelated to price.
A creative chronicle combining project history with imagined scenes. Story events are not verification of network activity.
For days, the community had watched USD 1.50, while the Hall of Goats partnership had raised expectations for games. The Night Watchman still had nodes to tend, and A-Zhen was scheduling integrations for games expected to move over. They and Sisyphus, who held XAI, faced the same rush from different positions.
Volume rose during the Asian afternoon, buying consumed the sell wall at USD 1.50, and the price climbed in steps. Gate’s order book reached USD 1.637; Binance’s figure was USD 1.60. XAI fell back in the evening and closed at USD 1.49. Looking back across the chronicle, USD 1.60 became the March reference high for later price comparisons. On a fully diluted basis, the game chain, listed for only two months, briefly carried a paper valuation of several billion dollars. Calls for the “next IMX” spread everywhere: XAI moved near the top of gaming rankings, news flashes kept coming, and it led an exchange’s trending searches. In the airdrop group, people posted holdings and returns and teased those who had once urged them to sell. Seeing his position deep in profit, Sisyphus set a new goal of waiting for USD 3 before leaving and shared an analysis targeting USD 10.
The foundation also had two announcements unrelated to price. One showed footage from the previous month’s in-person strategy meeting of core contributors, where an Ex Populus leader said 2024 would be a big year. The other came from an onchain role-playing game that announced a USD 1 million airdrop for players and called itself the first game powered by Xai. Amid the excitement, the Night Watchman’s daily report still listed nodes online, challenge wins, and esXAI restaking; he added only, “Keys are getting more expensive again. Newcomers, stay calm.” Onchain observers noticed frequent turnover of positions in profit: each step buyers took upward met orderly selling. A-Zhen was busy scheduling incoming games and felt the calendar was as crowded as the valuation; the order of integrations still had to be settled. That night the narrator wrote only “1.60.” It would become a denominator for looking back at gains and losses, but it settled none of the choices people faced then.