PIXFI Hits $200M Market Cap Briefly Post-Airdrop
Pixelverse's PIXFI token saw a nearly 50% rise in the first hours after its airdrop on July 18.
PIXFI reached a $200 million market capitalization before pulling back later in the day.
Airdrop Details 10% of PIXFI's total supply was airdropped to holders of Rare, Epic, and Legendary Pixelverse NFTs.
Listed on Major Exchanges - PIXFI is now listed on Bybit, HTX, Gate, Bitget, and MEXC.
Stake-to-Earn Mechanism Airdropped tokens are staked for additional rewards, with a 90% penalty for immediate withdrawals.
PixelTap and Pudgy Penguins - PixelTap a popular game on Pixelverse, will introduce the Pudgy Penguin character.
Funding and Growth - Pixelverse raised $5.5 million in May and attracted 50 million new users to PixelTap in June.
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