Square Enix has released a brand new update for Final Fantasy XV that adds a whole new set of features for the game. While the update was scheduled to go live along with a new booster pack, it was made available early, particularly to close the Moogle Chocobo Carnival event which started back in January 20th.
One of the new feature in this Final Fantasy XV update is the ability to attempt timed events. The first event is now live and can be attempted by going into the game. There should be a timed event available in the quests section which also points towards the area where it can be attempted.
This event is a good way to level up since completing it will give the player around 100k experience points after slaying 100 Cactuars and Slactuars. Killing all of them completes the quest while also giving the player 10,000 EXP, 333 AP, 150,000 Gil and 2 Oracle Ascension Coins. So if you want to gain experience points, it is recommend to eat the Lasagna cooked by Ignis that gives 100% experience points boost. This can be unlocked by leveling up his cooking skills to level 9.
If you are farming for a good way to get Remedy or Mega Potions, then you can also get them from this timed event as the enemies can frequently drop them. This time limited event can be attempted starting today till March 5th and since the level cap is now raised to 120, which appears to require 1 million experience points just to level up from 99 to 100, this quest could be a good way to do it.