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Highlights
- Voxies (VOXEL) crypto is similar to any tactical RPG game, which is powered by the Ethereum blockchain.
- The 3D free-to-play game offers the gamers a wide variety of characters, with each one of them being represented by Voxies, which are owned as an NFT.
- On 15 December, the token has generated massive interest in the market after seeing a rally by 32% with an impressive volume spike by 640% following its Binance’s listing.
Voxies (VOXEL) crypto is similar to any tactical RPG game, which is powered by the Ethereum blockchain. The 3D free-to-play game offers a wide variety of characters with each one of them being represented by Voxies, which are owned as a non-fungible token (NFT).
In fact, the NFTs have changed the gaming world all together, especially this year. Due to its unique model, the users enjoy twin benefits of playing the game, and getting rewards with cryptocurrency or NFTs. But unlike games such as Axie Infinity, Voxies doesn’t need the players to invest in purchasing avatars or have a deep understanding of the crypto world to enter the game.
As a team-based game, the users are in control of their own characters in the form of an NFT. The characters can either be purchased or in some cases also provided for free by the game developers.
Also read: 4 Crypto Tokens to Explore Amid Market Crash
On Wednesday, 15 December, the token generated massive interest in the market and saw a rally of 32% with an impressive volume spike by 640%.
Why is VOXEL rising?
The market saw tremendous activity following the announcement of VOXEL token sale on Binance Launchpad on Tuesday. As soon as Binance announced the token sale, its value rose by 1,000%, moving from US$0.2 to US$7. The prices, however, has corrected since then come down half its price. The Binance’s announcement has, in fact, given the token the much-needed push, which was otherwise static in its movements.
One of the features of the VOXEL token is that it offers in-game marketplace for players wherein they can trade their NFTs. The gamers can earn rewards by engaging in PvP (player vs player) or PvE (player vs environment) mode. Besides, the gamers can also explore to Voxie’s universe.
Also read: Dogecoin rallies on Tesla announcement: Can DOGE hit $1 by 2021?
VOXEL’s price prediction
VOXEL is ranked 2790 on CoinMarketCap, and it is currently trading at US$3.24 with a trading volume of US$828,078,766 over a day. At the time of drafting, VOXEL was up by 32.14% over a day. VOXEL has a fully diluted market cap of US $992,940,766 with a maximum supply of 300,000,000 VOXEL coins.
According to market experts, with the marriage of NFTs and gaming platforms, games such as VOXEL, Axie Infinity are in for a golden run and can be considered a profitable investment option. Despite its docile nature, the Binance’s listing could kickstart a rally in the coming weeks with its price reaching to its previous ATH by the end of this year.
Experts believe that the token has been attracting the gaming community and in the next five years could grow by +690% and its price could touch US$800 by 2026.
Conclusion
VOXEL has the right tokenomics to grow in the near future. It’s first target, however, would be to finish 2021 on a strong note then consolidate from there. With some of the unique features and its different approach from other play-to-earn games, it has managed to create a space for itself as a 3D game and could also inspire similar tokens in the domain.
