It lasted a full 51 days, during which the prize pool grew from 1M PX to 8M PXš, since 10% of every pixel purchase went into the rewards.
From this, itās easy to calculate the total tournament trading volume ā about 70M PXš.
In my opinion, thatās an excellent result for a token that 70% of the TON community was hating onš„±.
Future of the PX tokenš¤
First, itās important to understand that tournament prizes will be distributed over the next two weeks, so we shouldnāt expect a quick pump from the tokenāļø.
Still, Iām bullish on PX because this year we still haveš:
ā Token burn events
ā A $5M buyback
ā The 3rd Notpixel tournament in Q4
The tokenās current market cap is $11M, and in my view, thatās very low for a project connected to DOGS and Notcoinš§.
Personallyš¤Ø, Iāve bought PX at the current price and Iām expecting at least a 3x by the time the 3rd tournament starts.
You can also add tokens to the PX/USDT pool on the DEX STONfi ā it offers 30ā40% APR, which isnāt huge but is still better than Notpixelās official staking where your tokens are lockedš.
And if you donāt want to take risks at allš, I highly recommend putting stablecoins in the tsUSDe/USDe pool ā this way, you participate in the airdrops from Ethena and TON Foundation and also earn 10% APY from tsUSDeš¤.
More details can be found on ethena,ston,fi or by checking my earlier post about it in my profileš¤«.