Pixelverse, a popular NFT and gaming platform, saw its native token, PIXFI, surge nearly 50% in the first hours following its airdrop on July 18th.
The token launched, much to the anticipation of the community, witnessed a rapid rise in value, reaching a market capitalization close to $200 million, according to CoinMarketCap, before experiencing a slight correction later in the day. Notably, PIXFI is now listed on several prominent centralized exchanges, including Bybit, HTX, Gate, Bitget, and MEXC.
$PIXFI Trading is Live
Trade $PIXFI on the following centralised exchanges:
Bybit (https://t.co/TBZx9xRWhA)
HTX (https://t.co/LvPy8HRkEf)
Gate (https://t.co/XCvhH2lUOg)
Bitget (https://t.co/H4nN5XVgWu)
MEXC (https://t.co/g4PqVnYVL1)Beware of scams and do not interact with any… pic.twitter.com/tVgfS56ZKE
— Pixelverse (@pixelverse_xyz) July 18, 2024
The airdrop itself distributed a significant portion of the total PIXFI supply. According to a Pixelverse announcement, 10% went to holders of their Rare, Epic, and Legendary NFT collections. This rewarded dedicated players and early adopters of the platform. Additionally, Pixelverse plans to distribute another 20% of the tokens over time to active users of both Pixelverse and Pixelchain, their Layer 2 blockchain solution.
Pixelverse’s success can be attributed in part to PixelTap, their hit Telegram game. This cyberpunk-themed minigame reportedly attracted a staggering 50 million new users in June alone, showcasing the platform’s reach and potential. The project leverages The Open Network (TON), a layer-1 blockchain originally developed by Telegram.
