Perpetual Staking Pixelverse Launches, PIXFI Price Soars!

Bittime - Pixelverse (PIXFI), a crypto token that is currently on the rise, is back in the spotlight after its price soared last Friday. This price increase was triggered by the launch of PIXFI on well-known crypto exchanges such as Bybit, HTX, and Gate. Apart from that, Pixelverse's Perpetual Staking feature is also the cause.

PIXFI, the newly launched token, was trading at $0.0886 (around IDR 1,430) on Friday, with a market capitalization of more than $451 million (around IDR 7.3 T). 

PIXFI Price Surge Due to Perpetual Staking

The spike in PIXFI prices also occurred after the developer launched the "perpetual staking" feature. This feature allows token holders to earn profits just by holding their tokens.

With “perpetual staking,” users only need to stake once to receive rewards from the entire Pixelverse ecosystem. In the first stage of staking, users receive loot boxes (boxes containing digital items) in the categories common, uncommon, rare, epic and legendary. 

Check Today's Crypto Market:

Exclusive items such as clothes, masks, and real estate vouchers in legendary loot boxes can only be obtained through staking.

The launch of this "perpetual staking" feature follows the announcement of an airdrop by Pixelverse developers the day before. All users receive an NFT (non-fungible token) as a gift, which can be claimed on July 25. 

A total of 10% of PIXFI tokens are allocated to NFTs in the rare, epic and legendary categories, while the other 20% is given to Pixelverse and Pixelchain users.

Pixelverse Introduces a Unique Approach

Pixelverse also introduces a unique approach to preventing dumping and bot activity. Instant withdrawal of PIXFI tokens will only give users 10% of the airdrop. The remainder will be returned to the “community incentive pool” to reward the community.

Pixelverse, which is part of the TON ecosystem, has experienced rapid growth over the past few months. This platform has succeeded in attracting more than 75 million users and 15 million daily active users.

Pixelverse developers have also launched a "Playground" demo and are collaborating with other platforms such as Pudgy Penguins, Notcoin, and Coq Inu. They co-built Pixelchain, the first layer-2 network for TON Network.

Layer-2 networks are sidechains that reduce the load on the main blockchain network and speed up its performance. 

Popular Ethereum layer-2 blockchains such as Polygon and Arbitrum offer higher transaction speeds and lower fees than Ethereum.

PIXFI Big Opportunity in Front of Your Eyes?

The upcoming August launch of the Pixelverse mobile browser is the next important catalyst for the PIXFI token. This browser will make it easier for users to participate in the ecosystem and potentially earn rewards.

A major risk for the PIXFI token is that many cryptocurrencies surge after the airdrop, then dwindle as momentum fades. For example, Wormhole (W) briefly rose to $1.8540 (around Rp. 30,000) after the airdrop, but then fell to $0.30 (around Rp. 4,860).

Also Read How To Buy Crypto:

A similar thing happened to the zkSync token which rose to $0.40 (around Rp. 6,480) after the airdrop, and then fell to $0.18 (around Rp. 2,916). Recent airdrops such as Rapper Iggy Azalea's MOTHER and Andrew Tate's DADDY also showed an initial uptrend followed by price declines after a few days.

Before deciding to invest in PIXFI, it is important to do your own research and understand the risks involved. Pixelverse does offer interesting opportunities, but you should be wary of potential price drops.

Tabout PIXFI Perpetual Staking

PIXFI's "perpetual staking" feature offers an exciting new concept for investors. By staking once, users can continuously benefit from the entire Pixelverse ecosystem. 

This is of course different from conventional staking which requires users to lock their tokens for a certain period of time.

The first phase of Pixelverse's "perpetual staking" is currently focused on lootbox distribution. This lootbox contains various valuable assets that can be used in the game, such as:

• Common: Common items that can be obtained by playing.
• Uncommon: Items that are slightly rarer than common.
• Rare: Rare items that offer certain advantages in the game.
• Epic: A very rare item that provides a significant advantage in the game.
• Legendary: The rarest and most exclusive items that can only be obtained through staking.

The legendary lootbox contains exclusive items such as limited apartment and penthouse vouchers. These vouchers can later generate rental income in upcoming Pixelverse games.

Interestingly, all PixelTap and Dashboard participants can claim their tokens without any transaction fees. This allows them to immediately enjoy staking benefits from the entire Pixelverse ecosystem.

It should be noted that tokens obtained from the airdrop and not claimed by users will be automatically moved to the “Community Incentive Pool” on July 31 at 23:59 PM UTC. This means, users have limited opportunities to claim their tokens and start earning profits through staking.

How to Buy Pixelverse (PIXFI) di Bittime

You can buy and sell Pixelverse (PIXFI) in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

Pixelverse (PIXFI) available on Bittime with market pair PIXFI/IDR. To be able to buy PIX IDR Of Bittime Make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Study Complete guide on how to buy Pixelverse (PIXFI) on Bittime. 

Monitor graphic movement price Pixelverse (PIXFI), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.