X Empire Telegram Game Token Launches at Half the Pre-Market Price
The Elon Musk-themed game, X Empire, recently launched its token, the X token, on The Open Network (TON). This launch was anticipated with much excitement, particularly due to its promised airdrop, but it debuted at around half the pre-market expected price. Initial trading showed the token opening at approximately $0.000096, but it quickly became volatile, dropping to around $0.00005 before bouncing to a peak of $0.00013 and then stabilizing at roughly $0.000087. Traders had been betting on a higher price based on pre-market expectations; however, these hopes were dashed as the actual launch price underwhelmed many. The game has garnered over 50 million players during its promotional phases, but numerous players reported minimal airdrop rewards—often just $10—leading to complaints about eligibility and fairness. The volatility and disappointing rewards echo similar sentiments from prior token launches within the Telegram game space, raising concerns about the sustainability of such gaming ecosystems.
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