Pixel is Ethereum Tokens from popular blockchain games pixelSince then, it has recorded a trading volume of over $1.2 billion. Starts on Monday morningAccording to data from CoinMarketCap.
It is the 10th most traded cryptocurrency in the overall market, based on over 8,800 coins tracked by CoinMarketCap. This means that more PIXEL has been traded than some of the most popular cryptocurrencies, including: avalanche (Avex), Dogecoin (viceroy), Cardano (ADA) and polygon (MATIC) Last day.
It is also the most traded gaming token over the past day. Next is the token, XAI. Arbitrum’s Layer 3 Gaming Network, recorded transactions worth $278 million in the past day. XAI Break the all-time high Sunday after its January launch.
During that time, other gaming coins surpassed the $200 million trading volume market. 3rd place ronin (RON) is the network on which Pixels operates, recording $150 million worth of trading volume over the past day. Pixels awarded 20 million PIXEL tokens to RON stakers in a surprise airdrop announced over the weekend.
The release of PIXEL is something that cryptocurrency gamers have been waiting for for a long time. Pixels has since seen a surge in player accounts over the past few months. Migrated from Polygon to Ronin. Last fall, play-to-airdrop The campaign drives engagement and ultimately rewards approximately 28,000 top players.
PIXEL is currently up about 15%, at its current price of about $0.58, yielding a market capitalization of $450 million based on a current circulating supply of about 771 million PIXEL. It rose to nearly $0.69 on Monday morning, but has since fallen nearly 15%.
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The views and opinions expressed by the author are for information purposes only and do not constitute financial, investment or other advice.
editor Ryan Ozawa.
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