Back to collectionBelow Ten Cents, Still Waiting to Vote
The panic after the Bybit theft had not faded overnight. XAI fell below $0.10, under ten cents for the first time since its listing. The new price level made the wait harder.
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The panic after the Bybit theft had not faded overnight. The governance site was open for eligibility setup, but voting on XIP-1 had yet to begin. In the chat, some people treated the falling price, asset safety, and the timing of the vote as one question.
XAI fell below $0.10, under ten cents for the first time since its listing. When someone asked whether voting still mattered at that price, the Night Watchman steered the discussion back to the proposal: support or opposition to new issuance and the voting rules could be expressed only once the ballot opened. Crossing a price threshold could not cast anyone’s vote.
The new price level made the wait harder. Even people who had been studying the voting guide began asking for the exact opening time. The Night Watchman planned to keep collecting their questions until the moderators could give a clear schedule. There was no vote result yet, nor an answer that could dispel the market’s fear.