Netflix Inspires $MIRROR Token, Soars Then Stumbles
Netflix’s hit dystopian anthology sequence Black Mirror has impressed the launch of a cryptocurrency referred to as the Black Mirror Experience (MIRROR). The token greater than doubled in value inside a day of its launch, however shortly entered a correction part.
Analysts warning that, regardless of robust debut curiosity, dangers stay from volatility and untested governance, with previous failures such because the Squid Game token serving as reminders.
MIRROR Token Debut and Market Reaction
Black Mirror is a British dystopian anthology tv sequence, streamed on Netflix, that explores the darkish facet of expertise and society. Its newest season (Season 7) noticed vital engagement, with 10.6 million views in its first week in April 2025.
Banijay Entertainment and Pixelynx launched the MIRROR token because the franchise’s official utility token. It debuted on September 8 throughout main exchanges, together with Kraken, Gate.io, MEXC, and Binance Alpha. The MIRROR token opened at round $0.0459, surged to $0.0844 on September 9, after which retreated about 17% within the following 24 hours to $0.06408.
The challenge, constructed on the KOR protocol and backed by Avalanche, Solana, Republic Crypto, and Animoca Brands, combines leisure IP with blockchain.
CoinMarketCap lists MIRROR’s market capitalization at $6.03 million and totally diluted valuation at $62.5 million. Supporters argue the token stays undervalued in comparison with its potential, with some projecting positive aspects of as much as 10,000%.
Could Netflix’s Entry Signal a Bold Challenge in Crypto?
At the middle of the Black Mirror Experience is Iris, a digital AI assistant inspired by the series’ storylines. Iris analyzes digital footprints to generate dynamic fame scores, providing customers insights, rewards, and even satirical commentary.
The MIRROR token permits holders to unlock premium AI teaching, take part in stay streams, and affect community-driven “episodes.” The challenge has additionally launched airdrop campaigns, distributing 10% of tokens to early individuals, with over 400,000 customers reportedly registered.
Black Mirror’s official X account, with greater than 235,000 followers, introduced completion of the primary token unlock part. Prominent trade figures, together with skateboard legend Tony Hawk by way of Coinbase’s Base Builder present, have additionally highlighted the token, bolstering credibility.
The crew says the Black Mirror Experience is an formally licensed, on-chain franchise enlargement. Holders can mint NFTs referred to as “Personas” that evolve with person engagement and supply entry to real-world property and collaborations throughout IPs.
Overcoming the Squid Game Token’s Disgrace
This is just not the primary time a Netflix property has impressed crypto. In 2021, the Squid Game token skyrocketed from about $0.01 to almost $2,861 per coin, briefly hitting a $180 million valuation earlier than collapsing in a rug-pull rip-off.
The rip-off resurfaced throughout the launch of Squid Game Season 2, reminding buyers of the dangers tied to entertainment-inspired tokens.
However, their backers are positioning their challenge as credible and sustainable, pointing to established companions and neighborhood allocation of 58% of the provision.
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