The artificial intelligence-based crypto X has gained strong momentum and recently climbed to an all-time high. The token is up 204% in the past seven days, as of 26 July 2023. But AI-X price predictions are conflicted on whether this trajectory can continue.
What is AI-X?
AI-X is a new blockchain project that is combining artificial intelligence with cryptocurrencies. The goal of AI-X is to create a decentralised ecosystem that has “unparalleled speed, security, and scalability”, according to its CoinMarketCap page.
The platform claims its advanced algorithms will give it the upper hand. Its long-term vision is to revolutionise the finance industry.
AI-X’s ecosystem will be complete with its own ‘comprehensive’ decentralised exchange. This will allow investors to easily trade digital assets. It will be powered by AI algorithms, which will provide high liquidity and minimal slippage.
AI-X says it is building an efficient experience for its users. The platform is launching its own app as part of its ecosystem, according to its whitepaper.
Suspended Twitter account
AI-X’s website boasts that it has support from Elon Musk, CEO of Tesla and owner of social media platform X (formerly known as Twitter). The cryptocurrency project claimed Musk liked 13 of its tweets.
Yet, at the time of writing, the social media account has been suspended. The social media platform X says it suspends accounts for violating their rules.
AI-X has recently started tweeting from another account, sharing the latest information about its native cryptocurrency.
The AI platform launched its own cryptocurrency in June 2023, under the ticker X. It was designed to support the ecosystem. X is an ERC-20 token, as there is no AI-X blockchain. It powers the platform’s transactions with ‘lightning-fast’ speeds and low fees.
AI-X says that holders can also stake their tokens to earn passive income. Holders lock in their tokens on a smart contract in a process called ‘AI Staking’. Investors are rewarded with cryptocurrencies in return.
The project uses AI to achieve this. Its CoinMarketCap page says: “The AI staking algorithm dynamically adjusts staking rewards based on market conditions.”
X has a large total supply of 10,000,000,000,000,000 tokens. Its whitepaper says 86% of the liquidity is dedicated to listings, while the rest is split between centralised exchanges, the team and marketing.
AI-X’s audit issues
The smart contract for AI-X underwent an audit by SolidProof in July 2023. While no critical problems were found, several issues were noted in the report.
The most significant was related to the storage of its liquidity. SolidProof warned that its liquidity could be compromised.
The report said: “The liquidity of the contract is automatically added to the Liquidity Wallet address which is not recommended because, in an extreme scenario, this can be used to drain liquidity from the contract.”
Its CoinMarketCap page also warned investors about the cryptocurrency.
It said: “The smart contract of the following asset can be modified by the contract owner (for example: disable selling, change fees, mint new tokens, or transfer tokens).”
AI-X price history
The X cryptocurrency has only just begun its price journey. It launched on 15 June 2023 at $0.000000000013, according to CoinMarketCap.
The AI-X token saw an initial peak when it reached a high of $0.000000000325 two days later. But the AI cryptocurrency was unable to sustain this momentum and slumped over the following weeks.
It stooped to a low of $0.000000000014 on 2 July and stayed around this level for the coming days.
But X has recently experienced an upswing in its price on 10 July. This followed two new pairings with the token, one with WETH and the other with WBNB. The AI-X price climbed to a high of $0.000000000394 the same day.
After a temporary dip, X continued to climb and hit $0.000000000534 on 17 July. This peak came after Elon Musk responded to one of AI-X’s tweets. But the crypto platform’s original tweet has now been deleted due to the account’s suspension.
The AI-X crypto maintained its upward momentum and reached its all-time high of $0.000000001477 on 24 July. The price spike follows the token’s listing on the MEXC exchange. This was after a successful kickstarter campaign.
Investors of the exchange’s token MX were able to support the project by “committing” their cryptocurrencies. In exchange, they were rewarded with free airdrops. The more committed, the higher the reward.
X has recently been listed on the Poloniex and BitKan exchanges as well.
At the time of writing, AI-X is trading at $0.000000001024. It is up 0.4% in the past 24 hours and 204% in the previous seven days. X has a 24-hour trading volume of $7,663,032, down by 58.64%.
AI-X price prediction
As of 26 July, there are a range of price predictions for X cryptocurrency. Some expect the token to see a steady rise over the coming years, while others are more cautious.
AI-X price prediction for 2023
WalletInvestor said that AI-X is an “awesome” long-term investment. It gave the token a bullish rating based on the past 30 days. Its X price prediction for 2023 expected a steady climb for the rest of the year. The site said it will hit $0.000000003 by the end of December.
Similarly, DigitalCoinPrice has a bullish AI-X price prediction. Its analysis said: “It is estimated that AI-X’s value and growth will be astronomical because it is so powerful and has tremendous potential.”
The website expected X to continue its volatility into August 2023. However, it suggested the AI cryptocurrency will average out at $0.000000002 next year.
The technical analysis from CoinArbitrageBot leaned towards bullish. It had 10 buy indicators and 6 signalling sell. Yet it expected X to fall to $0.000000000824 by the end of this year.
AI-X price prediction for 2025
The longer term price prediction from CoinArbitrageBot goes on to predict an upward swing. AI-X is estimated to reach $0.00000000179 in 2024. It is suggested to hit $0.00000000435 by 2028.
Similarly, the X coin price prediction from WalletInvestor expected its bullish trend to continue in the long-term. The cryptocurrency is predicted to hit $0.000000007 by the beginning of 2025. The following year it is expected to break the $0.00000001 barrier.
DigitalCoinPrice suggested that X will reach a maximum price of $0.000000005 by 2025.
A more volatile forecast is provided by CoinDataFlow. It predicted peaks and troughs for the cryptocurrency. The site said X will climb to its peak of $0.000000008 in 2025.
AI-X price prediction for 2030
The X price prediction from CoinDataFlow expected the token to eventually fall. A minimum price of $0.000000002 is estimated in 2030.
On the other hand, DigitalCoinPrice’s X price prediction for 2030 says it will rocket. The site gave an optimistic average price of $0.000000012 by the beginning of the next decade.
Is AI-X a good investment?
AI-X is building a decentralised ecosystem for cryptocurrency trading. Its uses artificial intelligence to provide low slippage and high liquidity. However AI-X price predictions are conflicted on its token’s potential.
After an initial climb, CoinDataFlow expects X to fall to $0.000000002 in 2030. Meanwhile, DigitalCoinPrice predicts the ERC-20 token to skyrocket.
Remember, cryptocurrencies are volatile assets. Especially those with low market caps like AI-X. Investors should always conduct their own due diligence.
Where to buy AI-X?
AI-X has recently been listed on several cryptocurrency exchanges, including MEXC, BitKan and Poloniex.
AI-X also has its own swap platform. Investors can purchase X with either DAI, USDT or ETH. But investors should be careful when using decentralised swap platforms.
What are AI-X tokens (X) used for?
X tokens were designed to power the AI-X ecosystem. The project says it will have an app and decentralised exchange. X powers transactions on the platform with fast transaction speeds and low fees.
Disclaimer: The information provided in this article is for informational and educational purposes only and should not be construed as financial advice. CoinNews and its authors are not financial advisors or experts. We recommend that you consult a professional financial advisor or conduct thorough research before making any investment decisions. Cryptocurrency investments carry a high degree of risk, and you should only invest an amount you are willing to lose. The opinions expressed in this article are those of the author and do not necessarily reflect the views of CoinNews or its affiliates.