PIXFI Token Doubles Value Post- Listing.
PIXFI, the token associated with PixelTap,
experienced a remarkable surge in value following
its initial launch and subsequent listings on multiple major cryptocurrency exchanges. The token's market value rapidly climbed to approximately $300
million, reflecting strong interest and investment
from the NFT and gaming communities.
A crucial factor in PIXFI's value escalation was a strategic token airdrop. Pixelverse distributed 10% of the total PIXFI supply to holders of its Rare and Legendary NFT collections. To prevent a quick sell- off, Pixelverse instituted a staking mechanism. Immediate withdrawals incurred a 90% penalty, promoting long-term holding and stability in the token's value.
Additionally, PIXFI's listing on several leading centralized exchanges like Bybit, HTX, Gate.io, Bitget, and MEXC further contributed to its rapid price increase by enhancing accessibility and trading opportunities for investors. Pixelverse also plans to distribute another 20% of the total PIXFI supply to Pixelverse and Pixelchain users, encouraging sustained engagement within its ecosystem.
How Did PixelTap Attract Users?
Pixelverse's tap-to-earn game, PixelTap, has been a significant driver of community engagement. Available on Telegram, the mini-game attracted millions of users who participated in daily tasks for rewards. This game saw substantial growth, with 50 million new users in June alone. The game's appeal was further boosted by the addition of characters from the popular Pudgy Penguins NFT collection.