A new wave of airdrop activities has caught the attention of investors in the fourth week of May, focusing on three recently launched tokens: SXT, RIZE, and DOOD. Space and Time introduced its SXT token through an airdrop as part of a new Chainlink rewards program.
RIZE is integral to the Rizenet ecosystem, emphasizing tokenization and decentralized AI. On the other hand, DOOD serves as the native token for the Doodles NFT collection, following the lead of APE and PENGU in the NFT project arena.
Space and Time (SXT) organized an airdrop starting on May 8, 2025, in conjunction with its token generation event (TGE). This airdrop integrates with Binance Launchpool and Chainlink’s Rewards program, dispersing 200 million SXT tokens in two phases. Eligible recipients include those involved in the Chainlink ecosystem, Space and Time's testnet participants, and Community NFT holders, with the claim process open until June 22.
The SXT price has declined post-airdrop, possibly dropping below $0.10 unless strong buying activity pushes it back up to $0.126 and further to test the $0.163 resistance level.
RIZE operates as the utility token for Rizenet, offering services for tokenizing real-world assets, decentralized AI, and DeFi. With various functions including payment for tokenization services, asset access, governance via token locking, and decentralized AI model incentives, RIZE is traded on Kraken and Aerodrome.
The technical situation of RIZE shows a crucial point wherein breaking the $0.064 resistance level could signal a bullish trend towards $0.10. However, failure to sustain the $0.0485 support may lead to a downward movement and potential losses below $0.040.
Doodles, renowned for its vibrant NFT collection featuring hand-drawn characters and strong community engagement, recently entered the NFT-native token scene by launching its token, DOOD. Despite initial enthusiasm surrounding the DOOD airdrop, the token has experienced a 35% decline over the past five days.
DOOD is facing a significant resistance at $0.0052, and surpassing this level is crucial for a potential recovery towards $0.00735. Conversely, persistent bearish pressure could push DOOD below the $0.0040 support, marking new lows and diminishing market confidence.