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PIXL coin sees surge amidst Sappy Seals NFT collection boom

PIXL coin’s value surges 18.8%, mirroring a spike in the affiliated Sappy Seals NFT collection’s sales.

PIXL coin, a relatively new digital currency, has experienced a significant surge in its value. Currently, PIXL ranks 1,197th in the cryptocurrency market, with a current price of $0.03992.

PIXL coin sees surge amidst Sappy Seals NFT collection boom - 1
24-hour chart of PIXL from CoinGecko

Over the past 24 hours, PIXL’s price fluctuated between $0.03351 and $0.04162, and it has experienced an 18.8% increase. The market capitalization of PIXL stands at approximately $10.8 million, with a 24-hour trading volume of over $91,000.

The PIXL coin is closely linked to the Sappy Seals NFT collection, which has also seen a remarkable 108% increase in its 24-hour sales volume, reaching 64.6 ETH, equal to $145,500.

The Dec. 30th announcement about PIXL indicates significant changes for the Sappy Seals community. With staking emissions ending in Q1 2024 and a hard cap of 500 million tokens, this move could enhance the coin’s scarcity and value.

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