Pixels’ Triumph Spurs Record Surge for Ronin Token

CoinGecko data highlights $RON’s new all-time high of $4.41, surpassing its previous record set in 2022. The token experienced a notable 12% increase in a single day, leading to an impressive 53% growth over the past week.

With a market capitalization of $1.27 billion, a fully diluted valuation of $4.21 billion, and a daily trading volume of $59.83 million, $RON demonstrates remarkable growth spurred by top blockchain gaming initiatives — like Pixels. 

Promotional Strategies Boosting Ronin

Ronin’s valuation surge is fueled by the success of its premier game, Pixels, centered on NFTs and the $PIXEL token. Since its official February launch, $PIXEL and additional Play-to-Earn incentives have propelled the daily active user count to over 1.1 million, thus significantly expanding Ronin’s network user base. 

A free, exclusive NFT minting event boosts Ronin’s trading momentum. During 24 hours on an upcoming date, Ronin wallet owners can mint a ‘crate’ NFT for free, with no limit on the number of assets. Additionally, NFT holders can claim a unique Kaidro character outfit for free in the Pixels game.

Aiming to expand NFT integration in gaming and fortify the Ronin network, the promotion enables wallet holders to engage in minting, seeking to attract and engage a wider audience.

Engagements play a crucial role in boosting the network’s vitality and $RON’s market price, with the free minting initiative’s effects on Ronin’s ecosystem and token valuation poised to amplify its growth trajectory.

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