The price of VOXEL Coin saw significant growth, rocketing 50% to 75% following the announcement of its perpetual contract listing on the major cryptocurrency exchange, Binance. However, in a surprising move, Binance later decided to delist VOXEL pairs as a part of an extensive system purge, which included multiple other tokens as well.
VOXEL also saw competition from ETFSwap (ETFS), which was praised by an analyst; he predicted a 6,000% surge for ETFS compared to VOXEL and Toncoin.
Meanwhile, Voxies, the game associated with VOXEL, was extensively covered by the media. The tactical game utilizes the utility of the VOXEL token within its ecosystem. This has led to a significant increase in discussion about the coin's potential, despite the setbacks with Binance.
In terms of market trend, several coins plunged in value, marking a good opportunity for investors to buy the dip. This coupled with the growing popularity of 3D and VR games could make VOXEL a potential investment contender.
Interestingly, VOXEL was also noted for its involvement in Shibarium – a blockchain platform notorious for its association with the meme coin Shiba Inu – which fueled further speculation.
However, other tokens in the GameFi sector, such as the Sandbox (SAND), were hot on VOXEL's heels, making the market highly competitive. At the same time, regulatory uncertainty remains a pressing issue for the entire cryptocurrency sphere, adding a layer of risk to these investments.
VOXEL Coin News Analytics from Sat, 19 Mar 2016 07:00:00 GMT to Sun, 15 Sep 2024 07:00:00 GMT - Rating 5 - Innovation -2 - Information 7 - Rumor -6