Gaming Altcoin PIXEL Skyrockets Following Binance Listing
A Web3 gaming altcoin called Pixels (PIXEL) has experienced a significant surge in value after being listed on the Binance crypto exchange. The open-ended game, which focuses on farming and exploration, saw its price rise by over 46% from $0.4711 to $0.6887. Although it has slightly retraced to $0.5916 at the time of writing, PIXEL still boasts a market cap of $441 million.
Binance Adds PIXEL for Trading and Farming Opportunities
Binance recently announced that it had added Pixels (PIXEL) to its platform, offering various trading and farming options for the token. PIXEL is now available on Binance Simple Earn and Binance Convert, with plans for it to be added to Binance Margin, Binance Futures, and Binance Auto-Invest in the future.
Seed Tag Applied to PIXEL on Binance
Binance has applied a seed tag to PIXEL due to its status as a newer token with lower liquidity and higher volatility potential. This means that users who own the token must pass quizzes every 90 days to ensure they understand the associated risks.
Excitement Surrounds PIXEL’s Listing on Binance
The team behind Pixels expressed their excitement about the token’s listing on Binance, calling it a massive milestone for the community. They also mentioned that this listing marks the beginning of a new chapter of growth for Pixels.
Prior Opportunities to Farm PIXEL Tokens
Before its trading launch on Binance, users were able to stake BNB and First Digital USD (FDUSD) in separate pools on Binance Launchpool to farm PIXEL tokens.