Pixer Eternity (PXT) Surges 61% After Investment Partnership With Enflux

Pixer Eternity (PXT), the native cryptocurrency of the sport-to-earn (S2E) platform Pixer Eternity, has rallied by more than 60% in the past 24 hours following the announcement of a partnership between the protocol and the crypto-native market maker Enflux.

According to data from CoinGecko, PXT was worth $0.020 at the time of writing, showing an impressive 61% daily surge and approximately 38% spike weekly. PXT has a maximum supply of 10 billion tokens and more than 2.1 billion in circulating supply. With a market cap upwards of $43.2 million, PXT has a 24-hour trading volume of $428,652 and a fully diluted valuation of over $200.8 million.

In the past month, PXT has surged more than 200%, indicating that capital has been flowing into the token amid rising investor interest. Besides the S2E platform, Pixer Eternity’s technology allows the creation of non-fungible tokens (NFTs) and incorporates Gaming Finance (Game-Fi), gambling, and decentralized finance (DeFi).

Although PXT has rallied remarkably this week, the token is still 98% down from its March 2023 all-time high of $1.49, according to data from CoinMarketcap. PXT witnessed a steep decline in August of the same year and has since remained below $0.1.

Pixer’s Partnership With Enflux

The partnership between Pixer and Enflux will give the S2E platform access to reliable funding opportunities on the latter’s platform. Pixer will be able to optimize its liquidity and accelerate its growth in the web3 space.

Pixer already offers rewards to users who participate in sports content like voting, treasure hunts, and games on the Pixer Club platform; the partnership will give room for more exciting developments on the protocol. The project promotes a healthy lifestyle by allowing participants to use NFTs obtained based on their exercise activities and calorie consumption on games and exchanges.

“Through this collaboration, Pixer Eternity will leverage Enflux’s expertise to optimize liquidity, enhance trading efficiency, and expand globally. This partnership is a significant step in our journey to becoming a top Web3 project,” Pixer stated in the announcement.

A Little More About Pixer Eternity

Pixer offers a diversified ecosystem. In addition to S2E, Game-Fi, NFTs, gambling, and DeFi, the protocol prioritizes environmental, social, and governance (ESG) practices and encourages users to combat climate change. The ecosystem relies on its Social-Fi outer loop to attract and build a broader audience that encompasses Web3 content-generated users.

The network has an exclusive NFT marketplace and intends to release NFT-based games in partnerships with leading gaming studios over the coming months. Funding obtained from collaborating with Enflux can go a long way in actualizing these plans, especially in the long term.

“At Pixer Eternity, we believe that partnerships like this drive innovation and lay a stronger foundation for our ecosystem. With Enflux’s support, we are accelerating our global expansion while fostering a more sustainable and robust ecosystem. Together, we are committed to shaping a thriving Web3 future,” Pixer added.

It is worth noting that Pixer has a community token, which allows users to have a stake in the protocol’s success. As a global sports community, Pixer uses PLP to align the interests of its users with the development of the ecosystem.