$PIXEL
People should understand the math behind newly launched coins, Let's talk about pixel as an example.
$PIXEL current price is 0.5203 with a max supply of 5B coin.
So, a little math equation
(0.5203 x 5,000,000,000 = 2,601,500,000ïŒ â2.6 billion USDT"
2.6 billion USDT had been put into pixel, it's how much the equivalent of pixel in the total market cap of crypto industry which stands at 1.98 trillion at the time of writing this post.
So, in order for its price to reach -1$ as an example- it would surely take at least another 2.6 billion USDT "I'm not good with mathematics."
And from my point of view, it's just not going to happen with the current market circumstances ".
What's driving pixel's price right now to surge is the hype surrounding its release, and the maximum price it can reach "in my opinion" is 0.7 and then a drop.
#Write2Earn #BTC #TrendingTopic
