Summary
TLDR: PIXEL, the Ethereum token of popular blockchain game Pixels, has generated over $1.2 billion in trading volume since its launch. It is the 10th most-traded cryptocurrency overall and the most-traded gaming token. The token has seen significant growth and is currently priced at around $0.58 with a market cap of $450 million.
Key Points
1. PIXEL, the Ethereum token of popular blockchain game Pixels, has accumulated over $1.2 billion in trading volume since its launch on Monday morning, making it the 10th most-traded cryptocurrency in the market.
2. XAI, the token of Arbitrum’s layer-3 gaming network, follows PIXEL as the second most-traded gaming token, with $278 million in trading volume over the past day.
3. Ronin (RON), the network that Pixels operates on, ranks third in trading volume with $150 million, and Pixels awarded 20 million PIXEL tokens to RON stakers in a surprise airdrop announced over the weekend.