Analysis of the price fluctuations of $PIXEL and the current GameFi trend
Recently, the price of $PIXEL has shown some signs of positive growth with an increase of 4.55% in the last 24 hours and 11.2% over the past 7 days. This may reflect interest from the community or effective market outreach strategies of the project. However, selling pressure from token unlocks in long-term schedules remains a significant risk, especially when a large amount of tokens is allocated to the team, investors, and reward programs. This is a common factor with many blockchain projects today.
For the GameFi market in general, interest has significantly decreased compared to the peak period of 2021-2022. Many projects are no longer attractive enough to retain players, while competition from other fields such as DeFi and AI is becoming increasingly strong. However, GameFi remains a potential area if projects know how to integrate blockchain technology reasonably, providing a real experience for users rather than just focusing on the "earning money" aspect.
The prices of GameFi coins, including $PIXEL, are heavily dependent on the overall trend of the crypto market, particularly Bitcoin. Any significant price breakthrough requires substantial stimulating factors such as important technological updates or strategic partnerships.
Personally, I believe that $PIXEL and other GameFi coins are still in a challenging phase. This market needs more time to recover and develop sustainably. If you invest in GameFi, choose projects with real products, clear roadmaps, and the ability to maintain long-term value.