First Day of Launch, PIXEL Reaches Market Cap of 441 Million US Dollars

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Bittime -  In an ever-changing world, where technology and entertainment meet at a dynamic intersection, a new revolution is emerging that is taking the crypto market and gaming industry by storm: PIXEL. As a digital token that launched with a market cap of $441 million, PIXEL not only marks the beginning of a new era in the crypto ecosystem but also opens the door to a world where gaming becomes more than just a hobby—it becomes an opportunity to engage in a growing digital economy.

What are PIXELS?

PIXEL is an initiative in the blockchain ecosystem that integrates gaming elements and financial technology.

By implementing the play-to-earn concept , the project incentivizes players not only to participate in the game but also to contribute to the growth and dynamics of the in-game economy.

PIXEL Launch and Its Impact

After participating in several promotional campaigns and getting support from the Binance Launchpool rewards program, PIXEL's value soared significantly.

According to data from CoinGecko, the token rose 22.7% on the first day of its launch on February 20, 2024. With a price of over $0.58 per token and a circulating supply of around 771 million out of a total of five billion, PIXEL is now worth $441 million on the market. This places PIXEL in the ranks of the 200 cryptocurrencies with the largest market value.

PIXEL and Ronin: A Profitable Collaboration

Binance, one of the largest crypto exchanges, has played a key role in the launch of PIXEL, providing 350 million tokens to users who deposit Binance Coin (BNB) or stablecoin FDUSD .

In addition, users who deposit RON tokens from Ronin also have the opportunity to get a 20 million PIXEL airdrop, adding to the attraction for players to get more involved.

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Impact on the Ronin Ecosystem

Ronin, a gaming-focused spin-off network, has seen a significant increase in usage, especially after PIXEL chose to migrate there. From about 20,000 daily active users last fall, the number has jumped to about 700,000.

PIXEL adds a new dimension to Harvest Moon and Stardew Valley-style gaming with an NFT- based economy of crypto tokens, land and pets , drawing more players into the world of blockchain gaming.

Conclusion

The launch of PIXEL is not only an important milestone in the crypto world but also for the gaming community. By combining the fun of gaming with the earning potential of blockchain, PIXEL is opening new avenues for game development and the digital economy.

This is a perfect example of how blockchain technology can be leveraged to create a profitable and enjoyable experience for users.

How to Buy PIXEL Coin on Bittime

You can buy and sell PIXEL coins in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

PIXEL is available in PIXEL to IDR pairing. To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification.

Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements for Pixels (PIXEL), Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also read:

What is Pixels Token (PIXEL)? This is what you need to know!

PIXEL Token Release Date and Latest Free Airdrop Schedule

Crypto Airdrop and Guide on How to Get It for Free

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.