PIXEL Price Rises 18% and Reaches Trading Volume of $1.4 Billion on Day One

Check Today's Crypto Market:

Bittime - In an impressive debut, PIXEL, a crypto token underlying the social blockchain game Web3 , has captured the market's attention with an 18% price increase in just 24 hours after its launch.

As of Tuesday, February 20, 2024, PIXEL price has increased 15%, trading at $0.5873 with a market cap of $452 million. This marked PIXEL as one of the top cryptocurrencies based on daily trading volume , which reached $1.4 billion, placing it seventh globally.

Why is PIXEL Price Soaring?

Several factors contributed to PIXEL's outstanding performance in the market:

• Market Dominance: PIXEL became the most actively traded gaming token, surpassing other tokens by a significant margin.
• Trading Volume: With trading volume reaching over $1.4 billion in 24 hours, PIXEL has outperformed several other well-known cryptocurrencies, including Dogecoin, Avalanche, Cardano, and Polygon.
• Strong Followers :

PIXEL: More Than Just Currency

PIXEL is the native token of the Pixels network. These tokens are not just a medium of exchange in the gaming world; it also plays a key role in the governance of the Pixels blockchain, adding a dimension of utility and ownership to its holders.

PIXEL functions as:

• In-Game Currency: For in-game transactions and purchases.
• Medium Minting NFT: To create unique digital assets within the Pixels ecosystem.
• VIP Membership Access: Offers exclusive benefits through the VIP Battle Pass.
• Guild Formation: Strengthens social interaction and cooperation between players.
• Improved Playing Experience : Through premium features that can be purchased with PIXEL.
• Governance Token: Providing a voice in community decisions and cash management.

PIXEL Activities that Increase Engagement

The launch of PIXEL was met with great enthusiasm, marked by a play-to-airdrop campaign and a Binance Launchpool rewards program that succeeded in increasing player engagement.

With the migration from Polygon to Ronin last fall, Pixels has managed to attract more players, rewarding around 28,000 top players through this campaign.

Also read:

A look at Pixels Game

Pixels introduces an exciting Web3 casual social gaming experience, powered by the Ronin Network. In this stunning open world, players are free to explore, farm, and create, making Pixels more than just a game—but a dynamic, interactive community.

Conclusion

With significant price increases and impressive trading volumes on the first day, PIXEL has proven itself as a key player in the world of crypto and gaming.

As a token with multiple utilities in a growing gaming ecosystem, PIXEL promises great potential for players and investors, combining entertainment with blockchain technology innovation.

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:

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

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.