PixelTap’s $PIXFI Token Soars Post-Airdrop and Listing
On July 18, Pixelverse, the NFT and gaming platform operating on the TON Network, launched its native token, $PIXFI. The excitement surrounding the $PIXFI airdrop, which allocated 10% of the total token supply to holders of Rare, Epic, and Legendary NFTs, led to a dramatic surge in the token’s value. On its debut day, $PIXFI’s price skyrocketed by over 100% and quickly surpassed a market capitalization of approximately $300 million, although it later saw a modest retracement.
Following the airdrop, $PIXFI was introduced on several prominent centralized exchanges, including Bybit, HTX, Gate.io, Bitget, and MEXC. Pixelverse has outlined plans to distribute an additional 20% of the total token supply to users of Pixelverse and Pixelchain gradually. This strategy aims to foster long-term engagement and loyalty within the ecosystem.
Innovative Airdrop Mechanism
To address the common issue of sharp sell-offs associated with airdrops, Pixelverse has employed a distinctive staking mechanism. Tokens received through the airdrop are automatically staked, with a substantial 90% penalty imposed on immediate withdrawals. This approach is designed to stabilize the token’s value and promote long-term holding among recipients.
Pixelverse’s airdrop documentation notes, “While early airdrops were intended to reward genuine users and were well-received, the landscape has shifted. Farming and Sybil attacks have become prevalent, leading to community frustration and adverse price movements. Our approach aims to counteract these issues.”
PixelTap and Community Engagement
Pixelverse is celebrated for its popular game, PixelTap—a tap-to-earn minigame integrated into Telegram on the TON ecosystem. The game has attracted millions of users who earn rewards by tapping on coins and completing daily tasks, such as entering the PixelTap Daily Code.
In June alone, PixelTap welcomed 50 million new users, contributing to the broader “Tap-to-Earn” trend. This trend is characterized by players earning rewards through regular engagement with in-game characters, drawing inspiration from other successful tap-to-earn games like Hamster Kombat, Notcoin, and TapSwap.
On July 16, Pixelverse introduced a new feature to PixelTap: “Pudgy,” a character from the well-known Pudgy Penguins NFT collection. This addition aims to further enhance the game’s appeal and boost community interaction.
Recent Funding and Future Prospects
In May, Pixelverse raised $5.5 million in a funding round led by Delphi Ventures, Merit Circle, and Mechanism Capital. This financial influx is expected to drive continued development and expansion of the Pixelverse ecosystem.
With the successful launch of $PIXFI and its strategic airdrop mechanism, Pixelverse is poised to strengthen its position in the NFT and gaming sectors, promising ongoing innovation and community growth.
PIXFI Price Prediction
On its launch day, July 18, $PIXFI saw a notable increase, climbing nearly 50% shortly after listing and achieving a 178% rise within 24 hours, trading around $0.07136. The token holds potential for further growth, with estimates suggesting it could rise by up to 500% due to its expanding community base.
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