> For the complete documentation index, see [llms.txt](https://docs.pixeljourney.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pixeljourney.xyz/season-1/usdking-of-pixals.md).

# $KING of Pixals

Our $KING meme token launched on the wax.fun platform (a pump.fun-style fair launch on WAX) as the 5th meme on the platform, created within the first hour on December 12th.

**Original launch link:**

{% embed url="<https://wax.fun/token/alpha.waxfun/KING>" %}
<https://wax.fun/token/alpha.waxfun/KING>
{% endembed %}

### Basic Token Info

* **Symbol**: KING
* **Decimals**: 8
* **Total Supply**: 1 Billion KING
* **Contract**: alpha.waxfun
* Fully distributed as a fair-launched meme token
* Over 30% of supply paired into liquidity (20% from bonding curve + 10% from project buys paired with \~60M PXJ)
* Over 0.1% burned in the early weeks after bonding

### Historic Milestones

* Launched at \~$3,250 market cap. Creator (piga.pxj) bought \~2.5% supply.
* Reached $10k market cap in under 36 hours.
* Became the first meme to hit the "King of Wax" spotlight on wax.fun front page (around day 6, \~$22k market cap).
* Bonded and graduated to Alcor Exchange on January 7th, 2025 (\~$44k market cap), raising \~170k WAXP in initial liquidity.

The bonding curve resulted in a very healthy distribution with 192 holders. Top holders included the bonding curve itself, the project account, the creator, and many community members.

### KING/PXJ Liquidity Position

We paired 10% of total KING supply with \~60M PXJ on Alcor. This position acts as a long-term **burn utility driver**, accumulating fees that are burned from both economies.

Early results (at time of writing):

* \~1M PXJ burned in volume fees
* \~0.1% of total KING supply burned
* Attractive APR (around 40-50% at the time)

This position continues to slowly reduce supply from both KING and PXJ over time.

### How to Buy & Trade KING

* Swap on [WaxOnEdge](https://waxonedge.app/swap/WAX_eosio.token/KING_alpha.waxfun)
* View analytics on [WaxOnEdge](https://waxonedge.app/analytics/token/KING_alpha.waxfun) or [Alcor](https://alcor.exchange/analytics/tokens/king-alpha.waxfun)
* Liquidity position: [Alcor](https://alcor.exchange/positions/109636)

### What's Next for KING?

Our $KING meme has already made history on WAX. Its journey continues as part of the broader Pixel Journey ecosystem — with ongoing utility through the KING/PXJ burn position and community engagement. The moon is still the target! 🌍🚀