Binance will now launch a massive Web3 crypto gaming project built on Ronin (RON) which will be focused on farming and exploration.
The top global crypto exchange says the 46th Binance Launchpool project will be Pixels (PIXEL), a blockchain-based, open-ended game focused on farming and exploration.
Launchpool allows users to stake coins to farm new assets, reports The Daily Hodl.
Starting on Friday, Binance users will have 10 days to stake BNB and the stablecoin First Digital USD (FDUSD) in separate pools to farm PIXEL tokens.
The exchange will then list PIXEL for trading on February 19th and apply a seed tag to the asset.
Binance applies seed tags to lower-liquidity tokens that have more volatility potential, and users who own assets with tags are required to pass quizzes every 90 days to ensure they’re aware of their inherent risks.
Pixels promoted the exchange listing on the social media platform X and noted that the game surpassed more than 180,000 daily active users (DAU) in 2023.
“Our explosive growth can be attributed to two core factors: our community and our migration to Ronin, Sky Mavis’ proprietary blockchain. Behind every successful web3 game is a thriving, engaged, and passionate community.
We started with a core, devoted community that has only expanded as Pixels was introduced to the players in the Ronin ecosystem.”
Ronin (RON) is a gaming-focused Ethereum (ETH) sidechain.
“With the listing on Binance and the sunset of $BERRY to create a sustainable ecosystem, we are confident that Pixels’ best days are ahead,” the network said.
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Also Read: Bitcoin Will Now Surge To $200,000 in 2025 Says Analyst
Other Crypto News Today
A brand new Solana based altcoin may now surge by a whopping 700% says popular YouTube host from InvestAnswers.
The host of the InvestAnswers YouTube channel believes that one crypto project running on the Solana (SOL) network will go on a bullish rampage.
The InvestAnswers host tells his 472,000 YouTube subscribers that the decentralized exchange (DEX) aggregator Jupiter (JUP) could surge by “somewhere between a 4x and an 8x to be conservative.”
The trader’s big price prediction comes from his analysis of Jupiter’s fundamentals.
According to the InvestAnswers host, Jupiter is witnessing strong network activity based on trading volume and monthly active user count.
“If this thing takes off, if this DEX takes all the business, this is going to shoot up the CMC charts.
And currently, it’s on the CoinMarketCap at [position] 71. It just launched. 71.
When you look at all the assets above 71, there is no asset that had this number of monthly active users, this number of trading volume, this amount of growth.
Every single metric blows all of the ones above it out of the water.
Therefore, I’m very convinced it’s going to go up as long as it doesn’t break down.”
The crypto analyst also says that Jupiter does everything and addresses many of the pain points that he experienced over the years using different decentralized exchanges.
“You can swap, you can do perps [perpetual contracts], leveraged trading, you can dollar-cost average, you can go cross-bridge.
There are I think 6,000 pairs you can trade. And you can do it in real-time with no friction.
It’s been my dream since 2020 after having the painful experience of working with decentralized exchanges in the past and working with wallets and paying cr*zy fees.”
Jupiter is currently trading at $0.006 at the time of this publication.
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Also Read: A Veteran Trader Now Becomes Super Bullish on Bitcoin BTC
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