Pixels is a simple social farming game that took the web3 gaming community by storm. The game supports tokenization of in-game items, which brings us to PIXEL.
As you might have guessed, PIXEL is the native utility token of the Pixel gaming ecosystem. Launched in 2021, Pixels can be played from a web browser. Initially built on top of Polygon, the game has now moved to Ronin.
If you are looking to learn about the Pixels game and the PIXEL token, you have come to the right place.
In this article, I will discuss everything you need to know about this gaming ecosystem, its biggest features, the airdrop event of its token, and its foreseeable future.
Let’s dive right into it without any further ado.
Key Features of Pixels
PIXEL Airdrop
Pixel is an ERC-20, token, which means it is built on top of Ethereum and has no mainnet of its own. The token was airdropped to tens of thousands of early players.
The airdrop of PIXEL on Binance was concluded yesterday, February 19. In, what they call, the launch pool promotion, 7% of the PIXEL supply was airdropped to Binance users who staked Binance Coin or the FDUSD stablecoin.
Another 20 million tokens were airdropped to speakers of Ronin. Additionally, BERRY, the previous in-game currency of Pixels has been phased out and holders of it were given the option to swap it for PIXEL. The second round of airdrops is expected in March.
PIXEL Tokenomics
While I am penning this article, PIXEL is traded at $0.571, which is about 15% up from yesterday’s launch.
At around $1.2 billion, the 24-hour trading volume of the token is more than 300% up from yesterday.
With an existing supply of 771,041,667 tokens, PIXEL now constitutes a market capitalization of over $440 million.
PIXEL Price Prediction
With just a day into the airdrop, we don’t have enough data to make a reasonable prediction of PIXEL.
However, the present numbers suggest that PIXEL is being noticed by the crypto space. It is also notable that PIXEL was launched probably in the middle of a bull market and is likely to benefit from it.
Though we are entering the speculative territory now, with the kind of investor interest we see now, it wouldn’t be too surprising to see the token break the 1 dollar barrier by March or April this year.
Where to Buy PIXEL?
You can buy PIXEL from a centralized exchange like Binance, BingX, Bitget, Bitrue, or LBank.
How to Buy PIXEL?
Follow these simple steps to buy the Pixel token from Binance.
- Start by downloading the Binance smartphone app create a free account and verify your identity. You can also do this on the web.
- Navigate to the trading section and click ‘buy crypto’ to buy the USDT stablecoin.
- Enter your card details and confirm the payment.
- Repeat step 2 to buy the PIXEL tokens with the USDT you bought.
- Finding the trading pair USDT/PIXEL. Click ‘buy’ followed by ‘confirm’.
Conclusion
After the airdrop, Pixels founder Luke Barwikowski talked about plans to phase out the current farming gameplay and focus on expanding the community.
Pixels is a next-gen game that bridges the gap between the gaming metaverse and real life. With a successful airdrop round and bigger plans in the pipeline, Pixels is showing great promise.
Since the day of launch, the token has appreciated significantly just 24 hours into the airdrop.
All being said, it is important to note that PIXEL is very new in the crypto market and thus would be very risky considering the already volatile nature of cryptocurrencies.
The reader of this article is warned to exercise serious prudence before venturing into investing in crypto assets.
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