Why is Pixelverse (PIXFI) Price Pumping?

Pixelverse (PIXFI) has experienced a noticeable price surge, with its value increasing by over 250% in the last day. This rise stems from several key announcements and events shared by Pixelverse’s official X account, generating considerable excitement and trading activity within the crypto community.

At the time of writing, PIXFI trades at $0.07446 according to data from CoinGecko.

PIXFI Trading Goes Live

Pixelverse recently announced the commencement of PIXFI trading on several major centralized exchanges, including Bybit, HTX, Gate, Bitget, and MEXC. 

The availability of PIXFI on these platforms broadens access to the token, leading to increased trading volume and interest. 

Furthermore, the official Pixelverse X account cautioned users to beware of scams and interact only with the official website, pixelverse.xyz, ensuring secure and legitimate trading experiences.

Airdrop Registration and Rewards

Additionally, another factor contributing to the PIXFI price pump is the announcement of the Pixelverse Airdrop

The Pixelverse team revealed that airdrop registration is now live, emphasizing that users have only 24 hours from the time of the announcement to register their wallets and participate in this substantial distribution event. 

Moreover, the airdrop aims to reward true community members with PIXFI tokens, highlighting the importance of genuine engagement and preventing bot activity.

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Unique Airdrop Mechanism

The upcoming Token Generation Event (TGE) and airdrop, which Pixelverse highlighted, promise to be among the largest ever. The airdrop mechanism ensures fairness and rewards active community members. 

Users of PixelTap and the Dashboard, as of July 18 (yesterday), will receive NFT rewards based on their engagement levels and can claim them on July 25.

Pixelverse encourages long-term holding and community participation through a unique staking mechanism. Immediate withdrawal of PIXFI grants only 10% of the total airdrop, with the remaining 90% recycled back into the Community Incentives Pool. 

Read also: How Much Kaspa Coins Will You Need to Retire? KAS Price Stays Flat

What is Pixelverse?

Pixelverse integrates third-party developers, IPs, and its own projects into a cyberpunk-themed game ecosystem. It features several games with RPG elements and real-time PvP battles. 

Moreover, the platform has 60 million players and over 12 million social media followers, making it a key player in the gaming and crypto space. The excitement surrounding the airdrop and the availability of PIXFI on exchanges contribute to the token’s price surge.

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Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.

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