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PIXEL Token Skyrockets to All-Time High: What’s Behind the Surge?

Published 02/21/2024, 03:25 PM
Updated 02/21/2024, 03:45 PM
PIXEL Token Skyrockets to All-Time High: What’s Behind the Surge?
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  • PIXEL surges 10% in 24 hrs, hitting $0.6872, with a $452M market cap, signaling strong investor interest.
  • Trading volume hits $1.4B, surpassing Dogecoin, Avalanche, Cardano, and Polygon.
  • Pixel platform saw over 260,000 daily active users post-Pixel launch.

The Ethereum-based token, PIXEL, has had a remarkable debut on the cryptocurrency market. Having increased over 12% in value during the first 24 hours of trading, PIXEL is now the most discussed asset within crypto and gaming.

On Feb 19, with the surge of the price to an all-time high of $0.6872 and a market capitalization of $452 million, the performance of PIXEL suggests the popularity and potential of the company in the digital gaming market.

PIXEL/USD 24-hour price chart (source: CoinStats)

At press time, PIXEL was exchanging hands at $0.5748, a 3.27% surge from the intra-day low of $0.4691.

Unprecedented Trading Volume

Additionally, the trading volume for PIXEL reached $1.4 billion, making it the seventh-most traded cryptocurrency in daily volumes. PIXEL’s activity surpasses several popular cryptocurrencies, such as Dogecoin, Avalanche, Cardano, and Polygon, which indicates immense investo…

The post PIXEL Token Skyrockets to All-Time High: What’s Behind the Surge? appeared first on Coin Edition.

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