Why is Voxies (VOXEL) crypto trending?

3 min read | February 24, 2022 10:56 PM AEDT | By Manu Shankar

Highlights

  • Launched in 2021 by AlwaysGeeky Games, the Voxies (VOXEL) crypto is a fast-paced Free-to-Play Tactics RPG game.
  • Powered by the Polygon Network, the VOXEL crypto offers the players true ownership as one can earn cryptos and in-game NFTs which can be traded on the blockchain network.
  • On 24 February, the VOXEL crypto is currently trading at US$1.03 with a trading volume of US$153,998,158 over a day.

Launched in 2021 by AlwaysGeeky Games, the Voxies (VOXEL) crypto is a fast-paced Free to Play Tactics RPG game. Powered by the Polygon Network, the VOXEL crypto offers the players true ownership as one can earn cryptos and in-game NFTs, which can be traded on the blockchain network.

Unlike others, VOXEL allows passive gamers to play the game and collect the tokens.  Through its two gaming features, exploration and battling, it offers passive gamers to invest in cryptos even if they don’t have a deep understanding of the crypto world.

With its unique Voxie NFT project, the investors can get access to multiple Voxie characters in 10 races and of 20 companion types.

Also read: Now you can buy NFTs at brick-and-mortar store. See how

On Thursday, the VOXEL token saw a tremendous volume rally and price gain, though it was for a very short period after which the prices dropped 8%. However, the volume continued to remain strong and was over 200%.

Why is VOXEL trending?

The VOXEL crypto was trending primarily due to the news of the VOXEL launching its NFT marketplace this weekend. This will give the users an opportunity to seamlessly trade the Voxie Tactics items.

The Voxie Tactics is a free-to-play game in the VOXEL ecosystem that allows the players to play as well as own VOXEL utility tokens along with other in-game cryptos.

The players also have the freedom to trade their VOXEL tokens outside the marketplace on third-party exchanges or convert them into other cryptos or fiat currencies. 

Also read: Will Disney redefine entertainment with metaverse?

How is VOXEL’s price faring?

VOXEL is ranked 454 on CoinMarketCap, and it is currently trading at US$1.03 with a trading volume of US$153,998,158 over a day. The token was down by 8.17% in the last 24 hours with a live market cap of over US $59,084,654 with 57,449,187 VOXEL coins in circulation. 

VOXEL would be hoping that with the marketplace announcement, it will be able to bring reverse the recent bearish trend, which it has been witnessing of late. In fact, VOXEL over the past month has seen losses of over 29% and over 32% over the past week. As cryptocurrencies are volatile in nature, therefore, it is critical investors tread carefully in the situation.


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