PIXEL
- Pixel is the flagship project in the Ronin ecosystem. Considering the recent listing of $RON on Binance, this could be part of a master plan.
- Currently, the game uses the $COIN token temporarily until the launch of $PIXEL. Once the token is integrated, if the game attracts a large number of users through airdrops and rewards, and creates FOMO similar to what AXS did, then the market is expected to be supported. support.
- Looking at FDV's valuation, we can see similarities with XAI with valuations of 25 million USD, 50 million USD and 80 million USD.
- At the initial stage, XAI's market capitalization is 150 million USD - 300 million USD, with prices ranging from 0.2 USD to 0.4 USD. Therefore, a price range of 0.2 - 0.3 USD can be considered.
- The current OTC price forecast is quite accurate, with the token trading at 0.45 - 0.5 USD, resulting in a market cap of 350 million USD and FDV of 2.25 billion USD (a valuation significant, so it is prudent to avoid buying at the highest level or consider dollar-cost averaging across different price levels).
- The most important factor is the signal from BTC because it affects market psychology. Pay attention to BTC movements. Then wait for the airdrop and Launchpool distribution before considering further.
If the initial price range is actually between $0.2 and $0.3, you can feel comfortable holding until around $0.4 to $0.5 to make some profit and let profits increase. Consider this a medium to long-term investment as #PIXEL has significant potential, especially with the support of Binance Trading.
