The Pixels (PIXEL) cryptocurrency has garnered significant attention within the gaming and digital asset sectors. This article provides a comprehensive overview of the PIXEL token, including its current price, market performance, supply metrics, and essential insights for informed decision-making.
Current PIXEL Price and Market Data
As of the latest update, the live price of Pixels (PIXEL) is $0.035850. The token has demonstrated notable volatility, with a significant increase of +15.65% since the start of the current UTC day. This kind of movement is not uncommon in the dynamic cryptocurrency market, especially for assets tied to the gaming industry.
Key market metrics for PIXEL include:
- Circulating Supply: 771,041,667 PIXEL
- Maximum Supply: 5,000,000,000 PIXEL
- Market Cap Ranking: #257
- Fully Diluted Market Cap: $27.45 million
The circulating supply represents approximately 15.42% of the total maximum supply, indicating a substantial portion of tokens is yet to be released into the market.
Historical Price Performance
Understanding historical price action is crucial for assessing any digital asset's potential and risk profile.
All-Time High (ATH):
PIXEL reached its peak price of **$0.30900**. The current price sits approximately -88.40% below this record high, a drawdown of $0.27315. This highlights the high-risk, high-volatility nature of emerging crypto assets.
All-Time Low (ATL):
The token's lowest recorded price was **$0.018530**. From this point, the price has appreciated by +93.47%, a gain of $0.017320. This demonstrates the potential for recovery and growth even after significant downturns.
Over a three-month period, PIXEL has shown positive momentum, increasing by approximately +44.84% or $0.011100.
The Pixels Ecosystem and Community Sentiment
Pixels operates at the intersection of blockchain technology and gaming, creating a play-to-earn ecosystem. The project's community is active and vocal, often sharing insights and content across social platforms. Community sentiment can be a powerful driver of short-term price movements, and many traders watch social metrics closely.
Common topics of discussion include:
- Gameplay mechanics and updates within the Pixels online game
- The long-term utility and value proposition of the PIXEL token
- Comparisons to other projects in the crypto-gaming (GameFi) sector
👉 Explore real-time trading charts and metrics
How to Convert USD to PIXEL
For those interested in acquiring PIXEL tokens, the process typically involves using a cryptocurrency exchange. You can convert U.S. Dollars (USD) into PIXEL by following these general steps:
- Create an account on a reputable exchange that supports PIXEL trading pairs.
- Complete any necessary identity verification processes.
- Deposit USD into your exchange wallet via bank transfer or other accepted methods.
- Navigate to the trading section and locate the PIXEL/USD trading pair.
- Execute a buy order for your desired amount of PIXEL.
Always ensure you understand the fee structure and security measures of any platform you use.
Factors Influencing the PIXEL Price
The price of PIXEL is influenced by a combination of broader market forces and project-specific factors:
- Overall Crypto Market Trends: Like most altcoins, PIXEL's price is often correlated with the performance of major cryptocurrencies like Bitcoin and Ethereum.
- Game Development and Updates: Major announcements, new feature releases, or partnerships related to the Pixels game can significantly impact investor sentiment.
- Tokenomics and Supply Releases: The schedule for releasing tokens from the maximum supply into circulation can create selling pressure or anticipation.
- Adoption and User Growth: An increasing number of active players and users within the Pixels ecosystem can drive demand for the token.
- Regulatory Environment: News and regulations affecting crypto gaming or digital assets as a whole can cause market-wide reactions.
Frequently Asked Questions
What is the Pixels (PIXEL) cryptocurrency?
Pixels is a utility token that powers the Pixels online game, a blockchain-based farming and exploration game. It is used for in-game transactions, purchases, and potentially for governance within its ecosystem. It is a digital asset operating on a public blockchain.
How can I check the live price of PIXEL?
The live price of PIXEL updates in real-time on various cryptocurrency data websites and exchange platforms. These platforms provide current prices, historical charts, trading volume, and market cap data to help you track its performance.
What does "fully diluted market cap" mean?
The fully diluted market cap is a theoretical valuation that calculates the market cap if all tokens in the maximum supply (5 billion PIXEL) were already in circulation and priced at the current market rate. It helps investors understand the potential future scale of the asset.
Is PIXEL a good investment?
All digital assets, including PIXEL, involve a high degree of risk and can fluctuate greatly in value. Their performance is not guaranteed. It is essential to conduct thorough research (DYOR), assess the project's fundamentals, and consider your financial situation and risk tolerance before making any investment decisions.
Where can I securely trade PIXEL?
PIXEL can be traded on several major cryptocurrency exchanges. It is critical to choose a platform that is reputable, secure, and compliant with regulations in your jurisdiction. 👉 Get advanced trading insights and charts
How is the circulating supply of a token determined?
The circulating supply refers to the number of tokens that are publicly available and circulating in the market. It excludes tokens that are locked, reserved for the team, or not yet released according to the project's issuance schedule.
Disclaimer: The information provided here is for informational purposes only and should not be considered investment, financial, legal, or tax advice. Digital assets are inherently volatile and risky. You should carefully evaluate your own financial situation and consult with a professional advisor before making any investment decisions. Performance data is based on publicly available information and may change without notice.