VOXEL cryptocurrency plummets to $0.06 following astronomical 200% increase.
Hey there! Let's dive into the latest happenings with the VOXEL crypto, shall we?
Once riding high at almost double its peak, VOXEL crypto has taken a significant nosedive. Currently trading at a meagre $0.06, it's more than 50% below its previous high. This downward spiral is despite a 4.4% increase in the past 24 hours, as per CoinGecko data.
Interestingly, Voxie Tactics' native token, currently valued at $0.069, shuns its previous monthly high of $0.13, reached merely three days ago. The token's market cap stands at a shrunken $16.3 million, a significant decline from its peak of $27 million. In the same vein, the token's 24-hour trading volume has plummeted by 40.9% to $49.8 million—a far cry from the $463.44 million it boasted just three days ago.
It seems VOXEL's trading volume even surpassed that of the king of cryptocurrencies, Bitcoin, back in the day. Despite the recent lull, the token has remnants of its previous high, with a substantial 208.9% surge in the past week. This skyward journey was primarily fueled by the surge on April 20, where VOXEL crypto soared by over 200% within 30 minutes of trading, reaching a peak price of $13 from a low of $0.04. But, just a few days earlier, the token hit an all-time low of $0.02 on April 17.
Renowned crypto analyst Ash Crypto pointed out this sudden surge in VOXEL's price and trading volume back then. He highlighted a significant gap between VOXEL's market cap and its trading volume in futures. At that time, VOXEL's market cap stood at $27 million, while its futures trading volume jumped as high as $700 million. Ash speculated potential market manipulation involving the gaming token.
Remember the incident with VOXEL crypto back in April 2025? A malfunctioning market-maker bot on Bitget flooded the VOXEL/USDT futures market with erratic orders, creating predictable volatility that shrewd traders capitalized on for substantial gains. This event on Bitget raised concerns about the handling of market-making bots and potential market manipulation on centralized exchanges.
In April 2022, Bitget flagged the VOXEL/USDT contract trading pair as suspicious due to abnormal trading patterns detected on the platform. The exchange announced it would investigate the matter and later suspended trading for the VOXEL/USDT contract, freezing accounts involved in the abnormal activity. On April 22, Bitget declared it would compensate users impacted by the trading glitch related to the VOXEL/USDT perpetual contracts.
VOXEL crypto serves as both the utility token and in-game currency for Voxie Tactics, a free-to-play tactical RPG that operates on the Polygon blockchain. Players can use VOXEL to purchase weapons, armor, and other items within the game.
- Despite its recent nosedive, VOXEL crypto's recent weekly surge of 208.9% shows remnants of its previous high.
- Intriguingly, Voxie Tactics' native token is currently valued at $0.069, a significant decline from its previous high of $0.13 reached merely three days ago.
- Traders must keep an eye on the trading volume of VOXEL, as it surpassed that of Bitcoin in the past, a stark contrast to its current lull.
- back in April 2025, the malfunctioning market-maker bot on Bitget created predictable volatility that shrewd traders capitalized on for substantial gains, raising concerns about market manipulation on centralized exchanges.
- In the world of finance and investing, crypto analyst Ash Crypto pointed out the potential market manipulation involving VOXEL's price and trading volume back then, highlighting a significant gap between VOXEL's market cap and its trading volume in futures.
- The DeFi exchange, Bitget, flagged the VOXEL/USDT contract trading pair as suspicious due to abnormal trading patterns detected on the platform in April 2022.
- miraculously, even in the face of this downward spiral, the market cap of Voxie Tactics' token stands at a shrunken $16.3 million, compared to the $700 million in futures trading volume previously observed.
- With the upcoming development in technology, the recent happenings with VOXEL crypto emphasize the need for regulatory oversight and transparency in centralized exchanges, such as the incident involving the malfunctioning market-maker bot on Bitget.
