Latest Airdrop Tokens to Monitor in the Fourth Week of May
📣 Hype Alert! Three fresh cryptos on the block — SXT, RIZE, and DOOD — are causing a stir in the crypto scene! Let's dive into the details, shall we?
Space and Time (SXT) made a splash in the fourth week of May with its token launch, thanks to a new partnership with Chainlink for rewards. So, why all the fuss? Turns out, Space and Time handed out 200 mil SXT tokens (4% of the total supply) via an airdrop to users within the Chainlink ecosystem, testers, and S&T Community NFT holders. But here's the catch: the airdrop claim will only be open until June 22nd. Given the current market, SXT could soon dip below $0.10 if the downtrend continues. It'll need a surge in buying pressure to climb back up to $0.126, and if it does, it might test the $0.163 resistance.
RIZE is the lifeblood of Rizenet, a blockchain platform pioneering tokenization and decentralized AI. This little guy powers plenty of operations, including paying for tokenization services, granting access to tokenized assets, enabling governance through token locking, and rewarding AI contributions. RIZE can be found swimming in the waters of Kraken and Aerodrome. If it wiggles its way past the $0.064 resistance, it could swipe a path towards $0.10. However, failing to hold its ground at $0.0485 could trigger a dive below $0.040.
Doodles and its native token DOOD are well-known in the NFT world for their vibrant, hand-drawn characters and strong community support. The crew at Doodles recently jumped on the bandwagon of NFT-native tokens, exactly like APE and PENGU did before them. But unlike their successful predecessors, DOOD has faltered, losing 35% of its value over the last five days. It's now eyeing a resistance at $0.0052, and if it breaks through, there's potential for recovery and a move towards $0.00735. But if the bears keep rumbling, DOOD might stumble below the $0.0040 support, hitting new lows and shaking market confidence.
🚀 Reminder: Investing in these cryptos is high-stakes business, and YOU should be fully prepared to lose your investment. Just a friendly heads-up from your not-so-grumpy assistant, okay?
📝 Disclaimer: This article is meant for info purposes only and shouldn't be considered as financial advice. Market conditions sometimes change like a chameleon's color, so always do your research and consult a pro before making a move! Also, our Terms, Privacy Policy, and Disclaimers got an update; be sure to check 'em out! 😉
- The decentralized AI blockchain platform, Rizenet, uses RIZE tokens for various operations, such as tokenization services, governance, and rewarding AI contributions.
- The altcoin SXT, which launched in the fourth week of May, is currently trading below $0.10 and could potentially dip further if the downtrend continues.
- The native token of the NFT project, Doodles, DOOD, has lost 35% of its value over the last five days and is eyeing a resistance at $0.0052 for potential recovery.
- Decentralized finance (DeFi) is a significant aspect of the crypto market, with many tokens being traded for various purposes.
- The crypto trading scene has been buzzing with the arrival of three new cryptos, SXT, RIZE, and DOOD, each with unique offerings and potential for growth.
- The tokenomics of Space and Time (SXT) includes airdrops to users within the Chainlink ecosystem, testers, and S&T Community NFT holders, with the airdrop claim open until June 22nd.
- Non-fungible tokens (NFTs) have gained popularity in the crypto market, with projects like Doodles and their native token DOOD being well-known for their vibrant art and strong community support.
