Before buying PIXEL, check the tokenomics first. In my opinion, this is a crucial step to avoid just looking at hype or a short-lived green chart. Many tokens seem attractive at first, but actually have significant supply pressure.
1. The first thing to check is the total supply. If the supply is very large, the token needs strong demand for a significant price increase.
2. Second, look at the unlock schedule. This is important because tokens unlocked by early investors, the team, or the treasury can increase selling pressure when they enter the market.
3. Third, pay attention to the circulating supply, which is the number of tokens currently in circulation. Sometimes the market cap looks small, but there are still many tokens yet to be released.
4. Fourth, check reward emissions. For gaming tokens, rewards are important, but if they are too large and continually distributed, the price can struggle to rise.
If rewards are too large without a clear burn mechanism or use case, the end result often leads to selling pressure.
So, in my opinion, before buying PIXEL, understand its supply structure first.
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