Why Did Pixels (PIXEL) Price Drop? - 19.08.2024

Pixels is a play-to-earn metaverse game and features a cryptocurrency called PIXEL. Players can earn PIXEL tokens by buying and building virtual plots and interacting with other players. They can also own virtual land in Pixels, represented as NFTs, and make land transactions using other tokens such as BERRY.

PIXEL, down 8.40% in the last 24 hours and at the time of writing, is among the day's decliners. The unlocking of the $7.7 million token, which corresponds to 6.98% of the market capitalization, will take place. Following this development, a decline in PIXEL price may have occurred.