The Price of PIXEL is Up 21%

02/20/2024

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In the first 24 hours after debuting on leading crypto exchanges, the PIXEL cryptocurrency showed an impressive 21% growth, with trading volume exceeding $1.4 billion, outperforming many popular digital currencies.

This Ethereum-based gaming token, which serves as the basis for the social game Pixels, has seen significant success in the last 24 hours, increasing its value to $0.5704 at the time of writing.

🛑STOP SCROLLING 🫷@pixels_online skyrockets to 261 K DAU on Binance listing.

Hate it or love it, Binance and Ronin are the most effective distribution channels for a web3 game.

This is a devastating Pincer movement to encircle the doubters.$RON $PIXEL pic.twitter.com/PEIU1qc6zR
— Jihoz.ron 🦌 (@Jihoz_Axie) February 19, 2024

Among all gaming tokens, PIXEL has taken the leading position, far ahead of its closest competitor XAI from Arbitrum. With this trading volume, PIXEL is in the top 7 in terms of daily trading, bypassing such well-known cryptocurrencies as Dogecoin and Cardano.

Since the game's transition from the Polygon network to Ronin, Pixels has actively utilized airdrop campaigns to increase engagement, ultimately rewarding nearly 28,000 active players.

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Pixels provides players with a unique social and creative space in a metaverse where they can farm, explore, and more. PIXEL, as the main in-game currency, is used for transactions, NFT mint, obtaining VIP privileges, participating in guilds and more, enhancing the gaming experience and community interaction.

The launch of PIXEL has generated a lot of interest among crypto gamers, confirming the growing popularity and engagement in blockchain gaming projects and opening up new opportunities for cryptocurrency market participants.

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