Cryptocurrency Market Sees Launch of Three New Airdrop Tokens: SXT, RIZE, DOOD

In the fourth week of May, the cryptocurrency market witnessed the launch of three new airdrop tokens: SXT, RIZE, and DOOD, each attracting significant investor interest. Space and Time introduced its SXT token as part of the new Chainlink rewards program, while RIZE powers the Rizenet ecosystem, focusing on tokenization and decentralized AI. DOOD, the native token of the Doodles NFT collection, follows in the footsteps of other successful NFT projects like APE and PENGU.

The SXT token was launched on May 8, 2025, as part of its official token generation event (TGE). The airdrop is integrated with Binance Launchpool and Chainlink’s new Rewards program, distributing 200 million SXT tokens in two batches, representing 4% of the total supply. Eligible users include participants in the Chainlink ecosystem, such as LINK stakers, users who engaged in Space and Time’s testnet, and holders of Community NFTs. The SXT airdrop claim will remain live until June 22.

SXT has experienced a downward trend since its airdrop. If the correction continues, it could soon start trading below $0.10. To return to levels around $0.126, SXT needs strong buying pressure. If this level is broken, it could rise back to test the resistance around $0.163.

RIZE is the native utility token of Rizenet, a decentralized platform for tokenizing real-world assets (RWAs), decentralized AI (DeAI), and DeFi. The $RIZE token has multiple uses, including paying for tokenization services, granting access to tokenized assets, enabling governance through token locking, and rewarding contributions to decentralized AI models. RIZE is currently live on Kraken and Aerodrome.

From a technical standpoint, the RIZE token is at a critical point. If it manages to break through the resistance level at $0.064, bullish momentum could drive the price back toward the $0.10 region. However, failure to maintain its current support at $0.0485 may trigger a downside move, with potential losses extending below the $0.040 mark.

Doodles, a well-known NFT collection, recently launched its own token, DOOD, marking its entry into the growing trend of NFT-native tokens. Despite the initial excitement surrounding the DOOD airdrop, the token has struggled to maintain upward momentum, falling 35% over the last five days. The price now faces a key resistance at $0.0052—breaking above this level would be necessary to signal a potential recovery and open the door for a move toward $0.00735. However, continued bearish pressure could push DOOD below the $0.0040 support, marking new lows and further eroding market confidence.