Xai (XAI) saw a 3.8% price dip in a single day, yet its trading volume soared to $27.90 million within that same period. Despite the dip, the cryptocurrency maintains a market capitalization of $52.70 million, reflecting its ongoing relevance in the crypto market.
Xai Reaches 24-Hour Volume of $27.90 Million (XAI)
Key Takeaways:
- Xai (XAI) traded 3.8% lower against the dollar over a 24-hour period.
- Its trading volume reached $27.90 million.
- One Xai token currently costs about $0.0490 or 0.00000044 BTC.
- Xai’s total market capitalization stands at $52.70 million.
- The data was reported on August 25th.
Introduction
Xai (XAI) recently experienced a 3.8% drop against the U.S. dollar during a 24-hour window that ended at 8:00 AM ET on August 25th. While the price decline caught some investors’ attention, it was accompanied by a striking 24-hour trading volume of $27.90 million.
Price and Volume Details
During this close-of-summer surge in trading activity, each Xai token is being offered for around $0.0490 or 0.00000044 BTC. Despite the 3.8% slip, many industry watchers point to this significant daily volume as a sign of strong market engagement with the cryptocurrency.
Market Capitalization
In tandem with these figures, Xai’s total market capitalization now stands at $52.70 million. This metric offers a snapshot of the currency’s overall value and performance within an ever-shifting digital market.
Purchase Metrics
For cryptocurrency enthusiasts, Xai’s price of $0.0490 makes it one of many tokens that occupy a mid-range value category. Meanwhile, the availability of a BTC-based valuation at 0.00000044 BTC highlights the coin’s flexibility for traders who prefer to transact in Bitcoin.
Conclusion
While Xai (XAI) did see a dip in price on August 25th, the noteworthy 24-hour volume of $27.90 million and a market cap nearing $52.70 million underscore the currency’s standing. As the crypto market continues to evolve, Xai’s day-to-day performance — from its trade volume to its price fluctuations — remains a focal point for observers in the bustling world of digital assets.