The gaming token Pixels, introduced into circulation in just one day, demonstrates a remarkable growth in trading volume, reaching the mark of 1 billion dollars. This token ranks 12th in popularity among gaming coins in the CoinGecko rating. Pixels is a retro-style farming blockchain game that allows users to acquire land plots and domestic animals in NFT format. Originally developed on the Polygon network, the game migrated to the Ronin sidechain last year.
The project team distributed tokens among the top 28,000 players and early owners of Pixels NFTs. Additionally, Ronin stakers received an extra 20 million PIXEL from the developers. Trading of the token commenced on Monday, February 19, on several exchanges, including Binance, BingX, Bitget, and KuCoin. In particular, Binance conducted a distribution of 350 million PIXEL within the Launchpool for staking BNB or FDUSD.
At the time of writing, the price of PIXEL is $0.6, which is 19% higher compared to the previous day, with a market capitalization of $463.9 million, according to CoinGecko data.