> 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="" %} {% 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! 🌍🚀 --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.pixeljourney.xyz/season-1/usdking-of-pixals.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.