XWORLD: Pumping the Next Web3 Bull Market with One Million Active Users

Theme of Next Bull Market

In the ever-evolving sphere of digital technology, the next bull market trend is clear — the large-scale incremental entry of users into Web3, the decentralized future of the Internet.

On November 8, 2021, the total market value of the global cryptocurrency market reached an all-time high of $2.9T. Like the dot-com bubble, cryptocurrencies also grew a staggering 6x during this crypto bubble, but this miracle was achieved not in 5 years, but in just 1 year. This is equivalent to the crypto industry going through the entire dotcom bubble in just 12 months.

In the following 2022, the cryptocurrency bubble continued to burst, causing the market value of cryptocurrency to plummet by two-thirds to less than $1T, and triggering industry catastrophic events such as the collapse of Terra stablecoin, the bankruptcy of Three Arrows Capital hedge fund, and the bankruptcy and liquidation of FTX.

Overall, all major Layer 1 blockchains have seen significant price drops from their November 2021 highs: Bitcoin fell from $68,700 to $20,000, Ethereum fell from $49,000 to $15,000, Solana From $260 to $30, etc.

Historical marketcap of the global cryptocurrency industry

But as the crypto bubble burst, the use of the underlying technology, blockchain, has undergone some interesting changes. As the price of blockchain technology (as measured by cryptocurrency market capitalization) drops, is the use of blockchain technology also declining? Let’s see again.

First, we look at the usage of the Bitcoin blockchain, which accounts for 50% of the entire cryptocurrency market capitalization. During the crypto bubble of 2019–2021, the volume of daily Bitcoin payments (which is a measure of Bitcoin usage) was directly related to the price of Bitcoin — as the price rose and fell, so did the number of payments. It will change accordingly.

But starting from the bear market in 2022, as the price of Bitcoin fell by half, the number of Bitcoin payments has remained stable, that is, the price of Bitcoin and the amount of Bitcoin usage have become no longer strongly correlated.

Compare daily Bitcoin payments with daily Bitcoin prices

A similar trend is occurring on Ethereum, the second-largest blockchain accounting for nearly 20% of the entire cryptocurrency market capitalization. Prior to 2022, Ethereum price and Ethereum usage (this time measured by active addresses, similar to Ethereum’s active users) were directly correlated. But despite the Ethereum price collapse in 2022, the number of active addresses has not declined this year. Likewise, usage becomes uncorrelated with price.

Compare daily active Ethereum addresses with daily Ethereum price

Leading Solana NFT marketplace Magic Eden has seen rapid growth in transaction volume this year, from an average of 230,000 transactions per day in January to a current average of more than 880,000 transactions per day, according to DappRadar. With the price of Solana falling by more than 80% in 2022, Solana usage (measured by NFT trading activity on Magic Eden) has grown by 280%, another sign that blockchain pricing and usage are becoming irrelevant.

Leading the charge in this digital revolution is XWORLD, with an impressive cohort of 1 million active users ready to usher in a new era of online interaction.

The same was true for the Internet in 2000, when after a price collapse, Internet usage that had nothing to do with Internet pricing rebounded and continued to grow.

Compare monthly Internet users to Nasdaq Composite Index price

XWORLD: The Pump for the Next Bull Market

XWORLD, a pioneering games and apps monetization platform, stands at the forefront of the Web3 movement. With its one million strong user base, it’s not just prepared for the upcoming bull market; it’s set to fuel it.

For those unfamiliar with the term, a “bull market” represents a period of rising prices, increased investor confidence, and strong demand. In the context of Web3, this bullish trend signifies a surge of interest and participation in decentralized platforms and applications. And at the heart of this seismic shift lies XWORLD.

The platform’s 1 million active users aren’t just numbers; they are the engine that drives XWORLD’s innovative ecosystem. Each user represents a unique interaction, a unique contribution to the platform’s economy. Together, they form a vibrant community that embodies the very essence of Web3 — decentralization, transparency, and user empowerment.

But how does this translate into a bull market? The answer lies in the power of numbers. As more and more people flock to XWORLD, they bring with them their unique skills, interests, and economic potential. They interact with the platform, use its features, contribute to its growth. This influx of users and activities fuels demand, propelling the value of the platform and its assets. In other words, it creates a bull market.

This trend is not just a testament to XWORLD’s appeal but also a manifestation of the growing interest in Web3. As digital citizens become more aware of the benefits of decentralized platforms — from transparency and security to the potential for earning and ownership — they are gravitating towards platforms like XWORLD. This mass migration of users is a clear indicator of the impending bull market in Web3.

However, XWORLD isn’t just riding this wave; it’s steering it. Through its innovative “use to earn” and “use to own” models, XWORLD is showing users the true potential of Web3. It’s proving that Web3 isn’t just a concept; it works, and it can change lives.

As we stand on the cusp of a new digital era, XWORLD is ready to lead the charge. With its 1 million active users and its commitment to Web3 principles, it’s poised to drive the next bull market, transforming the digital landscape in the process.

So, are you ready to be part of this revolution? Are you ready to embrace the future of the internet, to be part of a community that’s reshaping the digital world? If the answer is yes, then join the XWORLD revolution.

To stay updated on all things XWORLD and to be part of this exciting journey, follow XWORLD on Twitter at https://twitter.com/xworld_pro. Join the 1 million active users who are not just witnessing the future of the internet; they’re creating it. Welcome to XWORLD, the platform that’s powering the Web3 bull market.

XWORLD

New-Gen Games & Apps Monetization Platform

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