The emergence of web3 gaming has transformed traditional gaming landscapes by enabling players to earn real-world value through in-game currencies. Unlike conventional games, where currencies like V-bucks and Robux are locked within their ecosystems, web3 games utilize blockchain technology and smart contracts to give players actual ownership of their in-game assets. This shift towards a play-to-earn (P2E) model has created opportunities for players to earn cryptocurrency and trade non-fungible tokens (NFTs) as they engage in gameplay.
Pixels: A Quick Introduction
Pixels is a free-to-play farming MMO built around a P2E model that emphasizes resource management, strategic exploration, and community engagement. The game revolves around three core pillars: prioritizing fun, promoting interoperability, and gradually decentralizing control. The in-game utility token, $PIXEL, enhances the gameplay experience and offers various functionalities, including:
- Purchasing VIP memberships
- Creating and joining guilds
- Minting Pixels Pets
- Upgrading land plots
In Pixels, players can choose from three plot types, each offering distinct advantages:
1. Free Plots (Specks): Basic plots with limited functionality and lower yields.
2. Rented Plots: More freedom and better yields, but players must share profits to cover rent.
3. Owned Plots: Highest yields and functionality, allowing players to industrialize, automate, and decorate their plots.
Landowners can maximize their profits through various interactions within the game, including managing resources and hosting sharecroppers.
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### Pixels: Past Milestones and Future Roadmap
Since its inception, Pixels has achieved significant milestones, showcasing its growth potential:
- January 2022: Successfully minted Farm Land NFTs in just 21 seconds, signaling strong demand.
- March 2022: Launched pre-alpha gameplay and secured pre-seed funding.
- November 2022: Launched the full alpha version, attracting over 30,000 daily active users (DAU).
- March 2023: Introduced a second game in the ecosystem via Pixels Tooling.
- October 2023: Migrated to the Ronin blockchain and launched Pixels Pets, further engaging the player base.
The game's roadmap includes various chapters, each bringing exciting updates and features, such as new gameplay mechanics, exploration skills, and user-generated content.
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### Pixels Coin Price Prediction: Price History
Pixels coin has demonstrated notable price movements since March 2024:
- March 2024: The coin opened at $0.8593, hitting $0.7991, with trading volumes exceeding $1.7 billion.
- April 2024: Experienced a downward trend, closing at $0.4253.
- May 2024: Continued to fluctuate, ending at $0.4109 despite high trading volumes.
- June 2024: Brief recovery to $0.3606, followed by a drop to $0.2353.
- July to September 2024: Stabilization occurred, with prices ranging between $0.1349 and $0.2292.
As of early October 2024, Pixels coin was priced at $0.1530, indicating a gradual recovery trend.
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### Pixel Price Prediction: Technical Analysis
Currently, Pixels coin is trading at $0.162, having broken above the 20-day exponential moving average (EMA). The bulls are attempting to maintain momentum above this critical level. If the price stays above the 20-day EMA, it could rally toward $0.20 and potentially $0.25. Conversely, a drop below the EMA could signal a decline towards the 50-day simple moving average (SMA) at $0.11, with further support at $0.12.
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### Pixels Price Prediction By Blockchain Reporter
According to forecasts, the following price predictions for $PIXEL are projected over the coming years:
- 2024: Minimum price of $0.1379, average of $0.1444, and maximum of $0.1525.
- 2025: Minimum $0.213, average $0.2202, and maximum $0.2445.
- 2026: Minimum $0.309, average $0.32, maximum $0.3632.
- 2027: Minimum $0.4344, average $0.4472, maximum $0.5263.
- 2028: Minimum $0.595, average $0.6129, maximum $0.7531.
- 2029: Minimum $0.8599, average $0.8905, maximum $1.03.
- 2030: Minimum $1.29, average $1.33, maximum $1.53.
- 2031: Minimum $1.79, average $1.86, maximum $2.23.
- 2032: Minimum $2.61, average $2.70, maximum $3.09.
- 2033: Minimum $3.61, average $3.74, maximum $4.60.
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### Conclusion: When Will PIXEL Price Hit $1?
Given the current market trends and the projections outlined, it is anticipated that Pixels coin could reach the $1 mark around 2029, when the minimum price is expected to be $0.8599 and the maximum could touch $1.03. This upward trajectory reflects growing confidence in the gaming and blockchain sectors, alongside the ongoing development of the Pixels platform and its community engagement strategies. As the ecosystem expands and player interest increases, the potential for $PIXEL to hit $1 becomes increasingly viable.