TLDR:
- Market: X1E ($X1E) achieved an all-time high (ATH) market cap of USD 7.33 million, its market cap being USD 5.0 million and 24-hour volume being USD 3.9 million as of 18 July 2025.
- Narrative: $X1E is a brand new piece by @BeauTrades_, the designer behind the highly acclaimed Market Elites NFT collection. Even with very little information released, faith in the community’s previous work by BeauTrades fuels speculation of a soon-to-be boom.
X1E ($X1E), contract address 2z1JwTST35H5McCJfFFKCU7ivyrH8TQjzeF9b4qpbonk, has brought turmoil to the Solana meme coin market, achieving an all-time high market cap of $7.33 million, holding a market cap of $5.0 million, and achieving a 24-hour volume of $3.9 million as of July 18, 2025. Created by Market Elites NFT series artist @BeauTrades_, $X1E is making waves with very limited info on the project.
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$X1E story is built around that of @BeauTrades_, whose Market Elites NFT token has attracted fervent support among crypto enthusiasts. Though details of $X1E’s use case or utility have been kept under wraps, the token is pitched as being of immense potential as a follow-up offering of BeauTrades, whose potential has already been proven. X touts brand $X1E as being of “stealth moonshot” as well as being a “monster mover,” as speculators respond to its astronomical past performance and insider-motivated potential power. There is, however, some criticism, as warning flags on X cite $X1E as being of high risk based upon insider hold concentration, warning investors.
With the speedy, affordable blockchain of Solana, $X1E is piggybacking on the network speed for speculative interest for high-reward, volatile plays. The market forces of last week’s NFT business, where sales increased 78% for Q2 2025 as volume dropped 80%, created a backdrop for bulls for projects with an anchor on well-established creators such as BeauTrades. Since there is no hard news regarding what $X1E is, its popularity is predicated upon BeauTrades being able to produce his second hit. For those who are attracted due to hype as well as his Market Elites reputation, $X1E is high-reward, high-risk wagering for the rapidly growing Solana memecoins that can skyrocket should the project be as good as conceived.
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