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Cryptocurrency experts name the digital token that grew by 46% per day
Cryptocurrency experts note that the Web3-altcoin game built on the Ronin (RON) blockchain has grown rapidly after listing on the Binance cryptocurrency exchange.
On Monday, February 19, Pixels (PIXEL), an open-source game focused on farming and exploration, rose from a low of $ 0.4711 to a high of $ 0.6887, or more than 46%. At the time of writing, the price of PIXEL has slightly decreased to $ 0.5916, and its market capitalization is $ 441 million.
Pixels' price jump came after Binance announced the listing of the asset on its platform: «Binance is pleased to announce that Pixels has been added to Binance Simple Earn and Binance Convert. Additionally, Binance will be adding PIXEL to Binance Margin, Binance Futures, and Binance Auto-Invest.»
Binance is applying the seed tag to PIXEL, as it does for newer tokens with less liquidity and more volatility potential. Users who own assets with such tags must be tested every 90 days to ensure that they are aware of the financial risks.
It is noteworthy that prior to the launch of trading on Monday, Binance allowed users to invest BNB and First Digital USD (FDUSD) stablecoin in separate pools to grow PIXEL tokens on the Binance Launchpool.