When Will PIXEL Price Hit $1?

Many video games feature in-game currencies like V-bucks in Fortnite and Robux in Roblox, but most prohibit players from selling these currencies to others. In contrast, many web3 games allow players to earn cryptocurrency through quests or by outperforming other players. These players have ownership of their in-game assets and can freely sell them to others. Crypto games are able to pay players and manage data through the use of blockchain technology and smart contracts. These games often incorporate cryptocurrency and non-fungible tokens (NFTs). Typically, they feature specific gaming tokens to reward players. For example, the popular game My Neighbor Alice rewards participants with the ALICE token, which can be used to purchase in-game assets, NFTs, and avatars. The blockchain gaming ecosystem combines both web2 and web3 technologies. While gaming environments and some player data are usually stored on centralized servers, distributed ledgers are used to manage crypto coins and NFTs representing virtual items. Play-to-earn games motivate players by offering rewards in the form of cryptocurrency and NFTs. This model blends entertainment with financial gain, as the rewards players earn have real-world value and can be sold on secondary markets. Pixels is a free-to-play farming MMO that incorporates a play-to-earn (P2E) model. Its gameplay focuses on resource management, strategic exploration, and community building. In this article, we’ll explore Pixel coin price prediction with an in-depth analysis of the current market sentiment of Pixels price.

Pixels: A Quick Introduction

Pixels is a free-to-play farming MMO with a play-to-earn (P2E) model that emphasizes resource management, strategic exploration, and community building. The game was built on three core pillars: “Fun is our priority,” “Interoperability is the future,” and “Build to decentralize control, but do it slowly,” according to the organization.

The in-game utility token, $PIXEL, enhances the gameplay experience in various ways, such as:

• Purchasing VIP memberships
• Creating and joining guilds
• Minting a Pixels Pet
• Upgrading land

Players can establish their homes on three different types of plots, each with unique perks and limitations:

1. Free Plots (Specks): These basic plots allow players to perform simple farming activities but offer limited functionality and lower yields compared to other plot types.
2. Rented Plots: Players renting plots gain more freedom, better yields, and decorative space, but must forfeit a significant portion of their profits to cover rent.
3. Owned Plots: These offer the most space, functionality, and the highest yields. Owned plots come in two variations—Small Owned NFT and Large Owned NFT—each with different benefits. Landowners enjoy unique advantages, including access to all industries, some of which are exclusive to them. They can enhance the value of their NFTs by working on, industrializing, automating, and decorating their plots.

Landowners have a wide range of interactions within Pixels. They can manage land resources, profit from Sharecroppers working their land, and serve as Sharecroppers on other owned lands. While the scale of active industries is limited by land size, landowners have unlimited potential overall. They can also mothball industries and introduce new ones, as long as their land can accommodate them.

Pixels: Past Milestones and Future Roadmap

Since its launch, Pixels has made impressive progress, reaching several important milestones. In January 2022, it minted its Farm Land NFT in just 21 seconds, showing strong demand and support from the community. That same month, the project announced its pre-seed funding, laying the groundwork for future growth.

By March 2022, Pixels launched its pre-alpha version, giving players their first look at the gameplay. By October, a successful growth campaign had boosted daily active users (DAU) to 30,000, signaling the game’s increasing popularity. The full alpha version followed in November 2022, further engaging the player base.

In March 2023, Pixels expanded by adding a second game to its ecosystem through its Pixels Tooling system. In September, the project announced its migration to the Ronin blockchain, leading to the launch of Pixels Pets in October 2023. This feature introduced collectible in-game pets, adding more depth to the gameplay. By November, the game had crossed 100,000 DAU, a significant achievement.

The momentum carried into 2024, with Pixels launching Play-to-Airdrop 2 in January and the highly anticipated $PIXEL token in February. The $PIXEL token plays a central role in the game’s economy, allowing players to improve their gameplay experience and interact more deeply with in-game assets.

Chapter 2 (March 2024)

Chapter 2 will overhaul existing gameplay mechanics and introduce a new skill called Exploration. This update will create a more competitive environment and strengthen guild integration. It will also add new features like Realms, Guilds, and Dungeons, enhancing player interaction and strategic complexity.

Chapter 3 (June 2024)

Building on the October 2023 release of Pixels Pets, Chapter 3 will further develop pet-related gameplay. It will add key elements like combat, offering players more opportunities to engage with and train their pets.

Chapter 4 (October 2024)

Chapter 4 will focus on user-generated content, roleplaying, and questing, making the game more immersive and community-driven. It will also polish the overall experience in preparation for the launch of a mobile and desktop app, expanding access to Pixels for even more players.

Pixels Coin Price Prediction: Price History

Pixels coin entered March 2024 at a strong position, with prices rising significantly. The week of Feb 25 – Mar 03, 2024 saw a closing price of $0.8593 with an impressive volume of over $1.7 billion, indicating heightened market activity. This upward momentum continued, peaking during the week of Mar 10 – Mar 17, 2024, when Pixels hit $0.7991, recording its highest trading volume of $1.13 billion.

The strongest surge, however, came during the week of Mar 03 – Mar 10, 2024, with a price spike to $0.7545 and a remarkable trading volume of $2.57 billion, reflecting growing market confidence. The following weeks saw prices stabilize around $0.6490 as trading volumes remained high but gradually decreased.

In April 2024, Pixels coin started to lose steam. The price dropped from $0.4683 at the beginning of the month to $0.4253 by the end. The highest price for April was in the first week, where it hit $0.4683 with over $568 million in trading volume. By the end of the month, the price had slipped further to $0.3732, showing that investor confidence was fading. This drop could have been influenced by a general market correction or investors cashing in on earlier gains.

The decline continued through May. Pixels coin fell from $0.4627 in the week of May 19 – May 26 to $0.3641 by mid-month. Despite the price drop, trading activity surged, hitting a high of $705 million in the final week of May, though the price still slid to $0.4109.

Throughout May, Pixels coin showed sharp price swings, ranging between $0.3641 and $0.4627. High trading volumes indicated that investors were still active, possibly seeing an opportunity in the lower prices or expecting a future price recovery.

In early June, Pixels coin briefly recovered, climbing to $0.3606 in the first week, with over $261 million in trading. However, this rebound didn’t last long. By mid-June, the price dropped sharply again to $0.2353, with trading volume down to $135 million.

The coin reached its lowest point during the week of Jun 16 – Jun 23, trading at $0.2353. Although trading volume was lower than in previous months, investor interest in the market remained steady.

July saw more stability in the price of Pixels coin, which fluctuated between $0.1349 and $0.2292 over several weeks. The highest price for July was $0.2292 in the week of Jul 07 – Jul 14, with $224 million in trading volume.

August followed with more price stabilization. The coin reached its highest price for the month during the week of Aug 11 – Aug 18, at $0.1708, with trading volume surpassing $234 million. Investors seemed to be holding steady, waiting for a clearer market direction.

In September, Pixels coin saw a modest recovery, rising from a low of $0.1203 in late August to $0.1638 by mid-September, with peak trading volumes of over $168 million.

In early October 2024, the price continued to improve, reaching $0.1530, up from $0.1338 the previous week. Lower trading volumes indicated a calmer, less volatile market.  

Pixel Price Prediction: Technical Analysis   

Pixel coin has broken above the 20-day exponential moving average (EMA), and the bulls have maintained the price above $0.16 resistance level. Currently, bears are aiming for a drop below the immediate Fibonacci channel, with Pixel trading at $0.162, up over 3.8% in the past 24 hours.

Sellers are now trying to push the price back below the 20-day EMA. If they succeed, the PIXEL/USDT pair could fall to the 50-day simple moving average (SMA) at $0.11. The support zone between the 50-day SMA and $0.12 is critical for the bulls, as a break below this level could lead to a further drop to 0.09.

On the other hand, if the price remains above the 20-day EMA, it would suggest that bulls are still in control. In this scenario, the pair could rally to $0.2, a potential resistance level. If bulls break through this resistance, the uptrend could extend to $0.25.

Pixel Coin Price Prediction By Blockchain Reporter

Pixels Price Prediction 2024

Pixels coin is expected to have a minimum price of $0.1379 in 2024, with a potential maximum of $0.1525 and an average of $0.1444. 

Pixels Price Prediction 2025

In 2025, Pixels coin is forecasted to have a minimum value of $0.2130 and a maximum of $0.2445, with an average trading price around $0.2202. 

Pixels Price Prediction 2026

Pixels price could drop to a low of $0.3090 in 2026, with a potential high of $0.3632 and an average price of $0.3200. 

Pixels Price Prediction 2027

By 2027, the price of Pixels is expected to reach a minimum of $0.4344, with a maximum price of $0.5263 and an average of $0.4472. 

Pixels Price Prediction 2028

In 2028, the minimum price of Pixels is forecasted to be $0.5950, potentially reaching a maximum of $0.7531, with an average price of $0.6129. 

Pixels Price Prediction 2029

By 2029, Pixels is expected to reach a minimum of $0.8599 and a maximum of $1.03, with an average of $0.8905. 

Pixels Price Prediction 2030

Pixels coin may hit a minimum value of $1.29 in 2030, with a possible maximum of $1.53 and an average price of $1.33. 

Pixels Price Prediction 2031

In 2031, Pixels could have a minimum price of $1.79 and a maximum of $2.23, with an average trading price of $1.86. 

Pixels Price Prediction 2032

By 2032, the minimum value of Pixels is forecasted to be $2.61, with a potential maximum of $3.09 and an average price of $2.70. 

Pixels Price Prediction 2033

In 2033, Pixels could reach a minimum of $3.61, with a maximum of $4.60 and an average price of $3.74. 

Pixels Coin Price Targets: By Experts

According to Coincodex’s current Pixels price prediction, the value of Pixels is expected to increase by 227.23%, reaching $0.502476 by November 14, 2024. Their technical indicators suggest a bullish sentiment, with the Fear & Greed Index showing a reading of 65 (Greed). Over the last 30 days, Pixels experienced 14 out of 30 green days (47%) with a 9.47% price volatility.

Based on this forecast, Coincodex suggests that it may be a good time to buy Pixels. Taking into account historical price patterns and Bitcoin halving cycles, the predicted yearly low for Pixels in 2025 is $0.153554, with a potential high of $0.723525 next year.

According to Digital Coin Price, by 2026, market analysts and experts anticipate that Pixels (PIXEL) will start the year at $0.46 and trade around $0.57. This represents a significant increase compared to the previous year, marking a notable jump for Pixels.

By the beginning of 2030, their price predictions and technical analysis suggest that the cost of Pixels will reach $1.13, with the price expected to remain at $1.13 by the end of that year. Additionally, PIXEL could reach a peak of $1.06 during 2030. The period from 2024 to 2030 is projected to be crucial for Pixels’ growth trajectory.

Conclusion

According to Pixels founder Luke Barwikowski, the game has an extensive roadmap that focuses on enhancing the current farming gameplay, broadening the game’s scope, and discovering new ways to incentivize and reward players over the long term.

With BERRY being phased out and PIXEL set to launch, the game has already introduced a new task board that offers players daily quests, some of which reward PIXEL tokens. Additionally, upcoming updates will adjust how scarce resources are managed and provide more perks for NFT landowners.

Pixels will continue to be a free-to-play game accessible to everyone, but it’s evident that the team aims to ensure that those who invest in NFT land or opt for the VIP upgrade receive noticeable perks for their investment. Additionally, many other players may choose to collaborate with these investors to share in the rewards.

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