So, Here’s the Scoop:
- X2Y2, the once-raging NFT marketplace, is calling it quits by the end of the month. Bye-bye!
- The NFT market is in a freefall, and with trading volumes plunging nearly 90%, X2Y2 just couldn’t keep up with the competition.
- The team’s shifting gears to a brand-new project focused on AI-powered, decentralized financial whizbangs. Hold onto your hats!
Remember X2Y2? Of course, you do. Back when NFTs were hotter than a summer sidewalk, X2Y2 was riding high, right behind OpenSea in trading volume during the 2021 NFT explosion. Those were the days, folks. But now? Well, it’s curtains. April 30th is the final curtain call for this digital marketplace.
The NFT bubble has officially popped, and X2Y2 is deflating faster than a whoopee cushion at a family reunion. With trading volumes tanking by nearly 90% since their peak, the team decided it’s time to shut down shop. After all, who needs to keep a place open when nobody’s coming to the party?
“Marketplaces live or die by network effects,” said TP, the founder. “After three years of trying to be the big fish, it’s clear we’ve been relegated to the kiddie pool. Time to swim elsewhere.”
X2Y2 debuted in early 2022 and at one point made a splash with a whopping $5.6 billion in all-time trading volume. *It was a big deal*—until it wasn’t. Talk about a dramatic rise and fall. 😂
The platform’s smart contracts will remain operational, but if you’re holding onto any assets or dreams of grandeur, you’d better make a move by April 30th. Withdrawal time is now, folks! Oh, and the price of the marketplace’s native X2Y2 token? Down a solid 10.7%. Don’t spend it all in one place—if you can even spend it at all.
The team is wiping the NFT slate clean and heading off to greener (and, hopefully, more stable) pastures with a new project involving AI-powered, decentralized financial tools. Yeah, that sounds exciting. Maybe they’ll actually succeed at this one. 🧐
Read More
- Elder Scrolls Oblivion: Best Battlemage Build
- 30 Best Couple/Wife Swap Movies You Need to See
- To Be Hero X: Everything You Need To Know About The Upcoming Anime
- Summoners War Tier List – The Best Monsters to Recruit in 2025
- ATH PREDICTION. ATH cryptocurrency
- Snowbreak: Containment Zone Katya – Frostcap Guide
- ALEO PREDICTION. ALEO cryptocurrency
- Are Lady Gaga’s Ever-Changing Wedding Plans Suiting Fiancé Dizzy? Here’s What’s Happening
- Ein’s Epic Transformation: Will He Defeat S-Class Monsters in Episode 3?
- DC: Dark Legion The Bleed & Hypertime Tracker Schedule
2025-03-31 18:21