Pixelverse’s PIXFI token is up by 197.88% in the last 24 hours, listed at $0.0771 at the time of press. The token started gaining momentum almost immediately after being airdropped. Reportedly, the first gain was of over 50% in the first few hours after the airdrop of PIXFI. Chances are it will again attract jumps as only 10% of the total supply has been rolled out to holders of its NFTs.
The NFT and gaming platform is planning to roll out another batch of 20% of the supply. It will be specifically for the users of Pixelverse and Pixelchain. PIXFI is currently live on centralized exchanges including, but not limited to HTX, Bybit, and Bitget.
What attracted users to the airdrop of PIXFI in large numbers is the fact that Pixelverse was able to craft the architecture of the process to avoid any hard selloff. This pertains to holders selling out a portion of their holdings after participating in free token distribution. Anyone withdrawing PIXFI would attract a 90% penalty, per a post published by Pixelverse on X.
Most of the users have chosen not to indulge in a sharp selloff. This is backed by the mechanism which automatically stakes PIXFI for additional rewards. The idea was to ensure that only real users are rewarded for their efforts and farming or Sybil attacks are discouraged to present outrage plus negative price action.
Pixelverse is hosted by TON, a layer-1 blockchain that was developed by the team behind the Telegram mobile application. This association worked well for its native token, TON.
TON has gained 1.41% in the last 24 hours and is up by 0.05% in the last 7 days. The token is currently listed at $7.29 with speculation that it would soon breach the mark of $10 – probably by the end of this year. It is hard to draw a prediction for PIXFI at the moment but it is safe to say that there is a scope of reaching $0.1 by the end of August this year, assuming the gains remain constant with minimal dips.
Pixelverse has announced a collaboration with Notcoin. The objective is to solidify user appeal as the popularity of the play-to-earn concept catches a grip in the market. Pixelverse has committed to rewarding the holders of Notcoin in the upcoming series of marketing campaigns. This includes the $250,000 prize pool that is expected to go live soon. Pixelverse is likely to roll out extra rewards for Gold and Platinum tiers on Notcoin.
Moving forward, all eyes are on how PIXFI moves on the price chart. It has set a rather ambitious aim with a growth of 50% just in the initial hours after airdrop.
The announcement about collaboration has worked so far. NOT is up by 3.27% in the last 7 days; however, it has lost 1.95% in the last 24 hours. Notcoin is exchanging hands at $0.01567 as the article is being drafted.