Pixels Blockchain Game Surpasses $1 Billion in Trading Volume
Just a day after launching its PIXEL token, the blockchain game Pixels has achieved a trading volume exceeding $1 billion. The gameโs native token, PIXEL, has experienced significant activity, with its trading volume surpassing the milestone on February 20.
According to CoinMarketCap data, the top five trading pairs by volume are concentrated on Binance, generating over $1.1 billion in trading volume, accounting for a 74.6% share. In addition to the surge in trading volume, the price of PIXEL has increased by more than 16%, currently trading at $0.59 and possessing a market capitalization of $455.7 million.
The Impact on Ronin
The excitement surrounding Pixels has also had a positive effect on Ronin, the blockchain network where the game is released.
Data from Token Terminal reveals that since the launch of the PIXEL token, the daily transaction fee volume on the Ronin chain has reached an all-time high of $11,300. This represents a growth rate of 1,568% over the past 90 days. Furthermore, the total number of daily active addresses on Ronin has increased by 664% during the same period.
Airdrop Incentives
Pixels recently announced a 20 million PIXEL airdrop for users who staked Roninโs RON token, further encouraging participation in the network.
About Pixels Game
Reminiscent of classic farming games like Harvest Moon and Stardew Valley, Pixels integrates a crypto token economy with NFT-based land plots and pets. Originally developed on the Polygon network, the game later migrated to Ronin.
Hot Take: Pixels Game Achieves Remarkable Trading Volume Milestone ๐
The blockchain game Pixels has skyrocketed past the $1 billion mark in trading volume, showcasing the immense popularity and potential of the game. With its native token PIXEL experiencing a surge in trading volume and price, reaching $0.59 and a market capitalization of $455.7 million, itโs clear that Pixels is making waves in the crypto gaming industry.
Moreover, the positive impact on the Ronin blockchain network, with record-breaking transaction fee volumes and a significant increase in daily active addresses, further solidifies Pixelsโ success. As more users participate in the game and take advantage of incentives like the recent PIXEL airdrop, we can expect continued growth and excitement surrounding Pixels.
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