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What grade does PIXEL coin belong to? Is it worth holding?

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2024-07-12 06:37:37249browse

Not long ago, after Binance announced the listing of PIXEL currency, the project also ushered in a small explosion. PIXEL Coin is the native cryptocurrency of the Pixels game and was created as an ERC20 standard token on the Ethereum blockchain. Pixels games were started with the goal of letting users build their own games and natively integrate existing digital collectibles. For investors, they not only want to know the basic information of the project amount, but also what grade does PIXEL coin belong to? And is there any value in holding PIXEL coins currently? According to data analysis, PIXEL coins belong to a higher grade and have a certain holding value. The editor below will tell you in detail.

What grade does PIXEL coin belong to? Is it worth holding?

What level does PIXEL coin belong to?

PIXEL coins belong to a higher grade. According to official data, the current price of PIXEL coins is US$0.4, which is higher than the issuance price of US$0.041, and the current market value is 2.209 billion yuan. Overall, the market development of PIXEL currency is relatively good.

PIXEL is the single cryptographic token for the Pixels gaming world and is the native utility and governance token in the Pixels ecosystem. Pixels is a social casual web3 game powered by Ronin Network, a mesmerizing open world game centered around farming, exploration and creation.

PIXEL Coin’s goal is to provide a decentralized and secure platform for digital creators, allowing them to sell their works in a fair and transparent manner, completing transactions through smart contracts and ensuring rights and interests. Similar to other cryptocurrencies, PIXEL coins rely on blockchain technology, and every transaction is recorded on the blockchain to ensure security and transparency. As a digital currency, PIXEL coins can be used to purchase digital art, participate in art auctions, and trade on the digital art market.

Is there value to holding PIXEL coins?

PIXEL coin holding value is not bad. According to official data, the current price of PIXEL coin is 0.4 US dollars, which is lower than the historical high price of 7.35 yuan, but higher than the issue price of 0.041 US dollars. The current market value is 2.209 billion yuan. Overall Look, the current market development of PIXEL currency is relatively optimistic.

The core of the success of the PIXEL project lies in its P2E model, which allows players to earn PIXEL tokens through games. This approach increases engagement by rewarding players and introduces a sustainable economic model that benefits developers and the community.

A key innovation of the PIXEL project is the integration of on-chain reputation and player roles, aiming to create a sustainable ecosystem composed of real players. Pixels uses blockchain to securely record player achievements, increasing trust and accountability within the game. This feature not only deters fraudulent activity, but also recognizes and rewards genuine contributions to the community.

Interoperability is another focus of the PIXEL project, using on-chain data to build community bridges between different games and platforms. This strategy enhances player experience through diverse interactions and sets a precedent for a unified Web3 gaming ecosystem.

Pixels founder Luke Barwikowski said the game has an important future roadmap, including fleshing out current farming gameplay, expanding the scope of the game, and finding new ways to motivate and reward players into the future. With BERRY being deprecated and PIXEL about to be launched, the game has entered a new stage. In the near future, the game will also change the way scarce resources are managed, providing more benefits to NFT land owners.

PIXEL Coin Listed on Binance, Price Surges

Over the past year, Pixels has grown significantly, becoming one of the largest games on Web3 with a daily active player base of over 180,000.

The launch of its native token PIXEL on February 19 and listing on Binance is an important milestone for the project, marking a new era of recognition and accessibility of game currency.

What grade does PIXEL coin belong to? Is it worth holding?

On the first day of its debut, the price of PIXEL currency increased by 22.7%, and its price reached a price high of $0.6872 on the 20th.

PIXEL’s rapid rise is mainly driven by its listing on Binance. Binance facilitated the launch of the token through its Launchpool platform, offering 350 million PIXEL tokens to users who stake Binance Coin (BNB) or the FDUSD stablecoin. Subsequently, Binance listed PIXEL for trading.

This significantly increases the visibility and accessibility of the PIXEL token to a wider audience of investors and traders.

After being listed on Binance, PIXEL’s liquidity and trading volume surged. Due to increased liquidity, trading volume of the PIXEL token surged to $1.2 billion, making it one of the top ten most traded coins since February 19. This indicates strong underlying interest among traders in the coin.

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