Pixelverse Coin Price (PIXFI) After Listing, Soars Drastically

Bittime - In this article, we will discuss the price of Pixelverse coin (PIXFI) after listing, what factors are driving its price increase and other news. Let's take a look.

What is Pixelverse?

Pixelverse is a leading NFT gaming platform on The Open Network (TON), marking the debut of their native token, PIXFI, with great success.

The platform with the original PIXFI coin just launched the long-awaited airdrop on July 18 and immediately experienced an increase in value of almost 50% in the first few hours.

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Pixelverse Coin Price (PIXFI) After Listing

According to CoinMarketCap, PIXFI's value peaked at around $200 million in fully diluted market cap before experiencing a correction. 

Currently, PIXFI has been listed on various leading centralized exchanges, such as Bybit, HTX, Gate, Bitget, and MEXC.

In the last 24 hours (at the time of writing), PIXFI coin has experienced a surge of 77%. Currently, PIXFI is trading around $0.0047.

PIXFI Coin Distribution

Pixelverse distributes 10% of the total PIXFI supply to holders of Rare, Epic and Legendary NFT collections, and another 20% to Pixelverse and Pixelchain users in stages.

This airdrop strategy is designed to minimize the panic selling that often occurs after free token distribution. Air-dropped tokens are automatically “staked” for additional rewards, and rash token withdrawals are subject to a 90% penalty.

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What's Driving PIXFI's Price Increase?

There are several factors that drive the increase in PIXFI prices:

• Listing on the stock exchange: Listing on the new exchange allows more investors to access and purchase PIXFI, which could increase demand and price.

• Interest in blockchain games: The popularity of blockchain gaming is on the rise, and Pixelverse is one of the promising new projects in this space.

• New feature launch: Pixelverse recently launched several new features, such as a betting system and NFT marketplace, which have attracted more users to the platform and increased demand for PIXFI.

Popularitas Pixelverse (PIXFI)

Pixelverse is best known for its popular Telegram game PixelTap, a cyberpunk-themed minigame that attracted 50 million new users in June alone. PixelTap, along with other Web3 games such as Hamster Kombat, pioneered the "Tap-to-Earn" phenomenon, which rewards players for their engagement.

Koleksi NFT Pixelverse

On July 16, Pixelverse announced the integration of the character “Pudgy” from the Pudgy Penguins NFT collection into PixelTap. Last May, Pixelverse raised $5.5 million in a funding round led by Delphi Ventures, Merit Circle, and Mechanism Capital.

Conclusion

The successful launch of PIXFI marks an important step for Pixelverse in building a sustainable and engaging NFT gaming ecosystem on The Open Network.

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