VOXEL Price Surge Sparks Interest in Voxel Tokens
The Voxies (VOXEL) token experienced a significant surge of over 55% within a 24-hour period, marking its highest level since mid-June. This surge was triggered by a major announcement from Binance regarding Vovies and the launch of the VOXEL perpetual contract on Aug. 20. VOXEL is the utility token and in-game currency for the free-to-play tactical role-playing game Voxie Tactics, running on the Polygon (MATIC) blockchain. The token plays a crucial role in the game’s reward system, further boosting its popularity and value.
Binance Futures Launches VOXEL Perpetual Contract
Binance Futures’ announcement of the VOXEL perpetual contract with up to 50x leverage offered further fueled the token’s price surge. With a capped funding rate of +2.00% / -2.00% and settlement in USDT stablecoin, this contract provided a new avenue for investors to engage with VOXEL. The positive response from investors led to a sharp increase in VOXEL’s price, reaching highs of $0.27 from trading below $0.14 earlier in the day. Despite a slight retracement, VOXEL continued to trade around $0.22, showcasing a growth of over 55% at the current time. The token’s price surge aligned with MEXC’s decision to add trading support for VOXEL/USDT on Aug. 19, further solidifying its position in the market.
VOXEL’s Resilience and Growth Trajectory
VOXEL’s price surge on Aug. 20 not only reflected market enthusiasm but also highlighted its resilience in recovering losses from previous lows. With a remarkable increase of over 94% in the past week, VOXEL demonstrated a strong bullish trend that captured the attention of investors. The combination of Binance’s strategic moves and market support from exchanges like MEXC has propelled VOXEL into a prominent position within the cryptocurrency landscape, making it a token to watch for future developments.
