Or use iTerm2 and get as much resolution as you want:
iTerm2 is only available for macs right? imgcat can work with any terminal that is able to display colored characters.
How many competing protocols are there for displaying images in a terminal? There's this, iTerm2 (also supported by Secure Shell[1])... any others? We need one unified standard[2] for graphics in terminal emulators!
[1] https://chromium.googlesource.com/apps/libapps/+/HEAD/hterm/...
Don't forget the classic SIXEL: https://github.com/saitoha/libsixel