This relative stability is largely attributed to $PX’ s bullish tokenomics📈. The developers aren’t selling their tokens — quite the opposite: they’re actively buying them back and burning them to reduce supply.
Currently, the #Notpixel team holds 8.16% of PX’s total supply. Their 2024 plan includes buying back up to $10M worth of PX, with around $2M already completed💰. These tokens will be distributed as rewards to stakers once staking launches. The staking program will offer two lock-up options — 180 or 360 days — and is expected to go live later this quarter.
In addition to staking, the roadmap includes the burning of 50% of the total supply🔥. So far, 2% was burned in Q1, and more burn events are planned for Q2 and Q4.
Beyond tokenomics, the roadmap highlights several new developments: upcoming gaming events, a $PX NFT collection, and support for #TON token staking.
With a current market cap of $19.5M, combined with PX’s deflationary model, the TON blockchain's ongoing undervaluation, and even a modestly bullish crypto environment, the project has room to grow 📈— potentially reaching at least a $40M market cap. It's worth noting that the same team is behind $NOT (currently at $230M MC) and $DOGS ($80M MC), both successful $TON -native memecoins.
For now, the most rewarding way to hold $PX is through the PX/USDT pool on DEX STON.fi, which offers a stable 80% APR. Thanks to Arbitrary Provision, users can participate in liquidity provision using only PX, making it even more accessible☝️.
