Summary
TLDR: XAI token hits new all-time high at $1.51 before dipping to $1.35, up 6% on the day and 37% in the last week. Ronin’s RON token recovers after co-founder’s wallets hacked, losing $9.5 million. Both tokens tied to blockchain gaming networks, with Xai planning token staking rewards and Ronin affected by personal wallet hack.
Key Points
1. Tokens tied to blockchain gaming networks like Arbitrum and Ronin have experienced significant price movements recently, with Xai hitting a new all-time high and Ronin recovering after a co-founder’s wallets were hacked.
2. Xai’s token price reached $1.51 before dipping to $1.35, marking a 6% increase in a day and a 37% increase over the last week. The token has nearly doubled from its debut price in January and is set to introduce token staking rewards.
3. Ronin’s RON token fell from $3.16 to $2.74 following the hack of co-founder Jeff Zirlin’s wallets, losing 9% in a day. Despite the attack, the network assured users that it did not affect Ronin’s operations or the bridge to Ethereum, emphasizing that the incident was isolated to personal wallets.