Pixels Gaming Token Sees $1 Billion Trading Surge in 24 Hours

The trading volume of the Pixels token exceeded $1 billion within a day of its launch. The token ranks 12th in popularity among gaming coins on CoinGecko.

The retro-style blockchain farming game Pixels allows players to purchase land plots and pets in NFT format. Initially built on Polygon, the game transitioned to the Ronin sidechain last autumn.

The project team distributed tokens among 28,000 top players and early owners of Pixels NFT land plots. An additional 20 million PIXEL were allocated to Ronin stakers by the developers.

Trading of the token began on Monday, February 19, on several exchanges, including Binance, BingX, Bitget, and KuCoin. Binance distributed 350 million PIXEL through Launchpool for staking BNB or FDUSD.

Our token, $PIXEL, is officially live on @Binance, the world’s largest crypto exchange ?

We’ve been working towards this moment for over 2 years, and we couldn’t be more excited to share this massive milestone with you all.

This is just the beginning and the best is yet to… pic.twitter.com/G3MCCf0yMU

— Pixels (@pixels_online) February 19, 2024

At the time of writing, PIXEL is priced at $0.6 with a daily increase of 19%, according to CoinGecko. Its market capitalization stands at $463.9 million.

Earlier, ForkLog reported that the Starknet Foundation will conduct an airdrop of over 700 million STRK. Applications for the token are available from February 20.