
The floor price of Pizza Pets has surged by 590% in the past 48 hours, attributed to the activation of deflationary mechanics within the game. Since its launch, 61% of the initial supply has been burned, with only 3% currently listed on the market. The game's market cap stands at $1.4 million, and it has attracted nearly 4,000 active wallets. The game's creator has announced upcoming airdrop events for holders of Pizza Pets, which are designed to enhance engagement and liquidity. The mechanics of Pizza Pets are compared to Bitcoin, with claims that it offers a more liquid asset compared to traditional NFTs due to its unique breeding system. The game is characterized as the first deflationary currency where only holders can mint new currency, which is also subject to deflation. The simplicity of the game's mechanics, where players feed their pets to keep them alive and can breed them to create new ones, is highlighted as a key feature that distinguishes it from other blockchain games.
Everyone is starting to realize they can never have enough Pizza Pets And yet the supply is deflating like crazy That's the irony
The mechanics of Pizza Pets are what Crypto Kitties should have been
The key difference with Pizza Pets is that the inflation and deflation is not something convoluted. It's simple. Feed your Pets or they die. Breed your Pets to make new ones. A toddler can understand it. And that simplicity is irreplaceable.