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Potential for Crash, While Chimpzee Token Gains Popularity 

July 29, 2023
in Bitcoin
Reading Time: 5 mins read
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AI-X is a brand new cryptocurrency challenge harnessing Synthetic Intelligence to create a decentralized ecosystem for exchanging digital belongings. 

X is the utility token of the platform. At 6:30am EST, the token worth exhibits a lack of 48.7% in 24 hours, a bearish reversal.

Nonetheless, its 7-day achieve is 21.2%, and its 30-day achieve is 891.4%, a large increment for the token.

It implies that the bulls are nonetheless lively out there.

X In Overbought Area as Retracement Approaches

AI-X
Supply: Tradingview.com

X is buying and selling in an uptrend on the 15-minute chart regardless of the purple candle forming.

The worth is within the higher area of the Donchian Channel (DC), expressing a bullish sentiment. 

Additionally, the Relative Energy Index (RSI) worth is 100 within the overbought area above 70.

It implies that the shopping for stress is excessive as we speak. 

X’s Transferring Common Convergence/Divergence (MACD) is above its sign line, mirroring the bullish development additionally confirmed by its histogram bars.

All indicators are bullish as X is within the overbought area.

Nonetheless, merchants should train warning with opening new lengthy positions as X can retrace at any second following the sign from the RSI. 

Elements Influencing AI-X’s Worth 

AI-X is a token backed by Synthetic Intelligence, a thriving area of interest within the crypto area.

The expansion potential of the AI trade will doubtless have an effect on the token’s worth positively.

X is listed on notable crypto exchanges akin to BITKAN, LBANK, and MEXC.

These exchanges have quite a few subscribers who can commerce the X token, thus boosting its publicity and worth. 

Additionally, the challenge crew claims to have drawn the curiosity of Elon Musk within the challenge. 

Notably, Musk renamed Twitter to X this month, spiking the token worth to its all-time excessive worth of $0.000000001431 on July 24.

Nonetheless, Elon Musk will not be straight affiliated with X though he has a challenge named x.ai, much like AI-X. 

Chimpzee ($CHMPZ) – The AI-X Eco-friendly Different

Chimpzee is an eco-friendly initiative powered by blockchain expertise specializing in environmental preservation. 

The challenge goals to guard endangered species and habitats whereas combating deforestation. Additionally, it depends on superior Web3 expertise to attain its environmental targets with a thriving and passionate group enthusiastic about its targets.

$CHMPZ is the platform’s utility token. It offers customers full entry to all of the options out there within the ecosystem. The token is on presale permitting buyers to affix the challenge early and earn rewards.

Why Purchase CHMPZ?

Chimpzee runs an efficient ecosystem with completely different person rewards primarily based on their engagement with the platform’s actions. Its high options embody,

Store To Earn (S2E) Mannequin: The Chimpzee store makes use of the S2E mannequin to reward customers with CHMPZ tokens for getting objects from the digital store.
NFT Market: This market incorporates a Commerce-to-Earn (T2E) mannequin rewarding customers for buying and selling within the NFT store. Moreover, merchants earn a fraction of the platform’s buying and selling charges as rewards.  
Play-to-Earn (P2E) Mode: Chimpzee entertains with its gameplay mode. Additionally, customers earn tokens as rewards within the Play-to-Earn (P2E) mannequin. 

CHMPZ Presale

CHMPZ presales are ongoing, with lower than per week left to the following worth stage.

The presale is stage 8, and every token is price $0.000775. 1 USDT should purchase 1290 CHMPZ at this stage, a good deal for buyers earlier than the following worth increment.

The Token’s worth will enhance to $0.00085 by the following stage.

Moreover, the presales have attained the $998,000 milestone and approached its 1.14 million goal for this stage. 

Over 1.6 billion CHMPZ tokens have been offered within the presale, displaying rising investor curiosity. Its official itemizing worth is $0.00185.

This worth will doubtlessly reward early buyers as much as 176% of their preliminary stakes. 

Additionally, buyers that purchase tokens throughout the subsequent 4 days will obtain as much as 125% bonus cash. 

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