• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Animoca Brands Moves PIXEL Tokens and Ethereum to Binance

user avatar

by Giorgi Kostiuk

a year ago

  1. Selling PIXEL Tokens
  2. Anticipated PIXEL Token Unlocks
  3. Animoca Brands Sells Ethereum


    4. Animoca Brands, known for its Web3 investments, recently moved a significant amount of PIXEL tokens and Ethereum (ETH) to Binance. This move comes in the wake of the company's latest asset surge.

    Selling PIXEL Tokens

    Animoca Brands, a leading investor in several Pixel funding rounds, recently sold 20 million PIXEL tokens valued at $2.44 million. This occurred after acquiring the assets at $0.13 and selling them at $0.14. Earlier this month, the same address acquired $1.3 million worth of PIXEL, then quickly divested them.

    Anticipated PIXEL Token Unlocks

    Currently, only 22% of PIXEL tokens are in circulation, but the unlock speed is expected to accelerate in 2025. PIXEL peaked at $0.96 in March 2024 during the market's peak but has since declined to its current levels. Despite high on-chain activity, the token's real utility remains subdued.

    Animoca Brands Sells Ethereum

    In addition, Animoca Brands recently moved 5,500 ETH to Binance, presumably to take profits. The recent ETH sale was part of active trading amid the market's fast recovery.

    The recent transactions by Animoca Brands clearly demonstrate their asset management strategy, including trading PIXEL tokens and Ethereum. These actions may be aimed at reviving interest in the project and increasing token visibility.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum and BNB Maintain Strong Positions in Crypto Market

chest

Ethereum and BNB are highlighted as solid investments for 2025, with Ethereum's upcoming upgrades and BNB's ecosystem support.

user avatarTenzin Dorje

ERC8004 Standard Revolutionizes Crypto Transactions

chest

The ERC8004 standard was introduced to address trust issues in crypto transactions by creating an on-chain Agent-to-Agent protocol.

user avatarElias Mukuru

x402 Protocol Transforms Payment Execution in Crypto

chest

The x402 protocol converts HTTP 402 status codes into a micropayment rail for APIs and machine-to-machine transactions.

user avatarBayarjavkhlan Ganbaatar

ERC8004 and x402 Protocols Create a New Era for Crypto Agents

chest

The integration of ERC8004 and x402 protocols marks a significant advancement in the crypto ecosystem, enabling seamless interaction and payment processes for crypto agents.

user avatarMohamed Farouk

US-China Trade Agreement Achieves Major Tariff Reductions

chest

The recent trade agreement between the US and China results in significant tariff reductions, easing trade tensions.

user avatarDiego Alvarez

Senate Stalemate Threatens Federal Pay and Market Stability

chest

The Senate's failure to pass the Shutdown Fairness Act has halted progress on reopening the US government, affecting federal employees and contractors.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.