Yes but if there was ever a time for the old saying... “It’s hard to be humble when you own the best” this is it. In fact, I sort of think the higher price of the iPhone X does give owners a little more reason to show it off as a status symbol. Now it takes a lot more then a phone to impress me, but Apple is a big deal in the teen and lower twenty-something markets which are more likely to be impressed with someone who owns an iPhone X.
Now I’d choose the X over the 8 any day, but that’s because I have been spoiled by the Galaxy S8 design and the iPhone 8 would feel like a huge step backwards in design.