Newly launched crypto-trader empowerment focused digital asset, X-Token, is up nearly 120% in the past week. The native asset of Project X Finance’s Xswap yield-generating smart contract was designed for long, and short-term, investment.
Project X Finance‘s X-Token ($XTK,) a Binance Smart Chain based asset, is claimed to be the first digital asset trader-centric token. The token is designed to be economically beneficial to a broad caste of investors, from active cryptocurrency traders, to long term asset holders, to the economically disenfranchised – who typically enjoy little, if any, access to technology.
The X-Token ecosystem is set up for frictionless yield-farming, and features a set of unique tokenomics to make this possible. Every X-Token trade carries with it, a 10% tax. Half of the fee is distributed to token holders, while the other half is locked in the Pancakeswap liquidity token.
As of May 31st, the $XTK token, which currently trades on home platform, Xswap,Pancakeswap, and Defi token king-maker Uniswap, is valued at $0.00000001, up 11% on the day (from time of writing). The asset closed it’s run from Monday, to Monday up 118.9%. $XTK is up 170% from it’s all time low about 9 days ago.