Back to collectionEarly Buying Meets an Unanswered Demand Question
On Saturday, with the halving approaching, the market began drawing attention from people who had mostly watched node rewards. XAI reached USD 0.76 as buyers quietly entered ahead of the halving. The price brought some energy to a subdued chat, while exposing the gap between less supply and new demand.
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On Saturday, with the halving approaching, the market began drawing attention from people who had mostly watched node rewards. Sisyphus was still calculating his position's cost, while some in the group treated the coming cut in issuance as a guarantee of a higher price.
XAI reached USD 0.76 as buyers quietly entered ahead of the halving. Seeing messages urging others to chase the move, Sisyphus held back his own impulse to add to his position. He wanted to distinguish a bet on reduced issuance from expectations supported by progress in the games. The group reached no shared answer.
The price brought some energy to a subdued chat, while exposing the gap between less supply and new demand. Sisyphus decided to keep watching against his own cost basis. Whether the early buying would last remained a question for the market around the halving.