The Pixels price has soared 17% in the last 24 hours to trade for $0.5980 as of 1:30 a.m. EST time with its market cap surging to $442 million after launch.
The surge follows the listing of PIXEL on crypto exchange Binance, which is no mean feat considering it is the largest exchange by trading volume.
“We’ve been working towards this moment for over 2 years, and we couldn’t be more excited to share this massive milestone with you all,“ said Pixels in a post on X. “This is just the beginning and the best is yet to come for the Pixels community.”
Our token, $PIXEL, is officially live on @Binance, the world’s largest crypto exchange 🔥
We’ve been working towards this moment for over 2 years, and we couldn’t be more excited to share this massive milestone with you all.
This is just the beginning and the best is yet to… pic.twitter.com/G3MCCf0yMU
— Pixels (@pixels_online) February 19, 2024
It also comes on the back of much hype around Pixels, which market watchers say is the best Web3 game out there.
According to one market watcher, the ongoing excitement is only the beginning, with the user anticipating more gains once the first multiplayer online role-playing game (MMO) social-fi guild in Pixels next week. Reportedly, the feature will make it possible to use PIXEL tokens to buy and sell multiple memberships in different guilds.
The excitement in @pixels_online is far from over. Just wait until they launch the first MMO social-fi guild in Pixels next week.
You'll be able to use $Pixel tokens to buy/sell multiple memberships in different guilds. pic.twitter.com/un107wEkTL
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The Pixels Price Outlook As PIXEL Debuts On Binance Exchange
The Pixels price is trading with a bullish bias, consolidating within an ascending parallel channel ion the 15-minute timeframe. It sits on immediate support due to the 50-day Simple Moving Average (SMA) at $0.5943.
As long as the Pixels price continues consolidating within the confines of this bullish technical formation, investors are bound to rake in more gains.
The position of the Relative Strength Index (RSI) above 50 increases the odds for a move north as it is leaning to the upside. This status is reinforced by the Awesome Oscillator (AO), which shows large volumes of green histogram bars in positive territory.
Increased buying pressure could see the Pixels price extend north to breach resistance due to the midline of the ascending parallel channel. In a highly bullish case, the gains could see the Pixels price clear the range high at $0.6947. A break and close above this level on the 15-minute timeframe would bring the $0.8000 psychological level into focus, around 30% above current levels.
TradingView: PIXEL/USDT 15-min chart
Converse Case
On the flip side, if the bears have their way, the Pixels price could descend. This could see it lose immediate support due to the 50-day SMA at $0.5943 first. An extended fall could send the Web3 token below support offered by the lower boundary of the ascending parallel channel.
In a dire case, the Pixels price could roll over to $0.4617. A break and close below this level on the 15-minute timeframe would invalidate the prevailing bullish thesis.
Besides PIXEL, another altcoin that is on a tear is MK, with some analysts saying it is among the best meme coins to invest in with the potential for exponential gains.
Meme Kombat operates as a crypto gaming platform where users can bet on battles featuring popular meme characters such as Doge, Pepe the Frog, and Wojak. The platform follows aPlay-to-Earnmodel through its battle arena, rewarding users who choose winning meme fighters with additional $MK tokens.
⚔️ Meme Kombat Friendly ⚔️
The match ups are as follows:
Sponge 🆚 Wojak
Pepe 🆚 FlokiPepe 2.0 🆚 Mong
Milady 🆚 DogeVote for your winners in the polls below👇 Winners make it through to the semi-finals🏆 pic.twitter.com/X8jbf6Xlre
— Meme Kombat (@Meme_Kombat) February 6, 2024
Promising Alternative To Pixels
MK is the native crypto for the Meme Kombat ecosystem, an innovative new gaming platform designed for gaming enthusiasts. Community members get the chance to battle out in the arena, represented by meme characters of their choice.
We have the winner of the Meme Kombat Friendly⚔️
SPONGE
Congrats to the whole Sponge community🧽 https://t.co/u0jfxofrP8
— Meme Kombat (@Meme_Kombat) February 9, 2024
Beyond the regular battles, there are also larger, more hyped battles where gamers can participate with the potential to win large prizes. This is one reason why crypto YouTuber Jacob Bury lists it among the top five cryptocurrencies to buy now with 100x potential.
Meme Kombat offers a wide range of Features for the convenience of users, including but not limited to active betting and passive staking, providing diverse avenues for earning rewards, especially appealing to dedicated gamers.
Life is so much better when all of us are doing well! pic.twitter.com/HgRixSnYpx
— Meme Kombat (@Meme_Kombat) February 11, 2024
The project is in the presale stage and is growing into a major player in the meme coin sector. It has attracted attention from both the crypto community and analysts, with presale sales now recording upwards of $9.65 million out of a target objective of $10 million. Investors can buy MK for $0.279 on the official website.
We know we're flooding you with the presale milestones, but we hit another!
9.5 million raised⚔️ pic.twitter.com/QT1x8bKSnO
— Meme Kombat (@Meme_Kombat) February 20, 2024
Token holders do not have to wait for battles, thanks to the staking dashboard that went live in November. Stakers are currently enjoying annual percentage yields (APY) as high as 101%, with 79% of the entire token bucket already staked. So far, there are over 12,443 stakers, with almost 40 million MK tokens staked already.
As @BuryCrypto has insightfully pointed out, Meme Kombat's big moments are just around the corner. Are you prepared for what's coming? ⚔️
Watch his latest video now👇https://t.co/m5h3iSA73r
— Meme Kombat (@Meme_Kombat) February 16, 2024
As the presale heads towards an imminent close, act fast to buy MK here.
Also Read:
- Top 5 Cryptocurrencies With Most Potential For 100x Returns
- How To Buy Meme Kombat On Presale – Alessandro De Crypto Video Review
- Two Hidden Meme Coins to Watch in 2024 – New Crypto Gems With 100x Potential
- New Play-to-Earn Meme Coin Aiming to Become the Next GambleFi Gem
- Austin Hilton Provides Updates on Biggest Meme Token Project Presale Centered Around AI-Generated Battles
