- PIXEL’s value surged over 46% following its Binance listing, highlighting the growing interest in Web3 gaming.
- Binance’s strategic integration of PIXEL provides various trading and farming opportunities, signifying a major milestone for the Pixels community.
In an electrifying development within the cryptocurrency and Web3 gaming sectors, Pixels (PIXEL), a pioneering altcoin built on the Ronin (RON) blockchain, has seen its value skyrocket following a strategic listing on Binance, the world’s leading crypto exchange.
This move marks a significant milestone for the burgeoning Web3 gaming industry, demonstrating the growing interest and investment in blockchain-based gaming ventures.
PIXEL’s Remarkable Surge: A Testament to the Growing Appeal of Web3 Gaming
Pixels, an innovative game that emphasizes farming and exploration in a virtual world, witnessed an unprecedented surge in its price on Monday. From a modest $0.4711, the value of this token catapulted to an impressive high of $0.6887.
This remarkable increase of over 46% in a single day highlights the volatile yet promising nature of cryptocurrency investments, particularly in the niche of Web3 gaming.
At the time this article was penned, this token had experienced a slight retracement to $0.5916. Despite this minor dip, the cryptocurrency boasts a formidable market capitalization of $441 million, underscoring its burgeoning appeal and the confidence of investors in its potential.
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
The catalyst behind Pixels’ dramatic ascent was Binance’s announcement on Monday, revealing that PIXEL had been integrated into its platform.
This inclusion offers myriad trading and farming opportunities for users, spanning Binance Simple Earn, Binance Convert, Binance Margin, Binance Futures, and Binance Auto-Invest, with the services rolling out in a phased manner across specific dates and times.
Recognizing the nascent status of PIXEL, with its associated lower liquidity and higher volatility, Binance has applied a seed tag to the token. This classification necessitates that holders of such assets undertake quizzes every 90 days, ensuring they are well-informed about the risks inherent in these types of investments.
The team behind Pixels has expressed immense enthusiasm regarding the token’s live trading debut on Binance. Having dedicated over two years to reaching this pivotal moment, their celebration reflects not only a significant achievement but also a bright outlook for the future.
“This is just the beginning, and the best is yet to come for the Pixels community,” they optimistically stated, alluding to the anticipated growth and expansion fueled by the Binance listing.
The Road Ahead for Pixel and Its Community
Prior to the commencement of trading, Binance had already laid the groundwork for PIXEL’s integration by enabling users to stake BNB and the stablecoin First Digital USD (FDUSD) in separate pools. This initiative allowed participants to farm PIXEL tokens on Binance Launchpool, setting the stage for the token’s successful launch.
On the other hand, Binance’s native token, BNB, has seen a 1.15% gain in the last 24 hours, sitting at $356.95 and is in a technically bullish price structure.