2026 Update: What Readers Should Know Before Reading The Original 2022 Torum And XTM Article
The article below is preserved for historical and research purposes. The Torum project has since shifted from a SocialFi, metaverse, and DeFi platform to an entirely different use case. The XTM token also appears to be no longer supported by any crypto exchanges.
Torum – From Darling To Deplorable
Torum launched in early 2020 but only gained attention when its XTM token went live on Uniswap in 2021. The token went on to appreciate even further alongside listings on KuCoin and Huobi. From a modest $0.05 per token, XTM reached an all-time high of $2.45 in a matter of months. Torum incorporates SocialFi, DeFi, NFTs, and the metaverse.
This was one reason I was reluctant to sell my XTM; it has exposure to pretty much everything! Another was the listings and partnerships with KuCoin and Huobi (HTX). I also took part in the “end of year” staking event, which increased my holdings by a further 10%. This is also when I offloaded a small portion of my XTM. I withdrew a small amount and traded it for about 2 weeks on KuCoin.
Within that time, I grew this allocation by 50% before selling it for USD. Fortunately, the price was strongly bullish, and my average sell price was $1.99. Looking back, I feel rather pleased with this decision. However, at the time, I felt like I was going to miss out. It has proven to be a good move, albeit a small one. I only wish I had allocated more and secured more profit.
My Decision To Change My Torum XTM Strategy
XTM held the $0.19 zone quite well, but then began to lose ground quickly. That is when I decided to cash out most of my remaining XTM and build the dollar value by trading. I withdrew a chunk at 0.104 and another at 0.073 earlier today. I also cashed out some at $0.19. Compounding my profits will help me make up ground and start restoring value to this allocation.
There is also the possibility that XTM drops significantly lower, and even if it rises from here, I should be able to keep up, or better yet, outperform it. I fully intend to buy my XTM back and perhaps even secure a healthy discount! Micro-caps can really battle during bearish seasons, which supports my decision. Trading extreme volatility can be viable if you are on the right side of the market.
Time To Focus
So, I really have my work cut out for me here, as I need to make up ground and replace my XTM! I enjoy a good challenge, so I am looking forward to it at this stage of the game anyway. I will most likely post updates from time to time on how I am faring. We could see volatility increase substantially over the next few months, which also makes for great trading opportunities.
When you consider that alts could go down much further, it doesn’t seem like too risky a move. Perhaps later it will prove to be a smart move that hopefully restores a lot of value to my portfolio. Selling around the $2 mark was the best move. Fortunately, I did sell some tokens there, so I have managed to extract a good deal of profit, especially since these tokens were freely acquired.
Final Thoughts
Torum still has a lot of potential and stands to benefit once the Metaverse truly gains traction and adoption. I’d like to see more use cases for XTM, as well as additional earning opportunities within the Torum ecosystem. I’m still earning free XTM on Torum, which also helps rebuild my position. In a perfect scenario, I’d increase my portfolio and buy back my XTM at a steep discount.
I did, though, leave about 15% of my XTM untouched, just in case the market throws a surprise at me! Do you own any XTM, and what are your plans for it?
If you are interested in SocialFi and creating content in Web3, explore the Hive blockchain, an incentivized blogging ecosystem with additional DeFi-related projects. Another interesting alternative is Arena, built on the Avalanche blockchain. All the best! See you next time!
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