Netflix Inspires $MIRROR Token, Soars Then Stumbles

Netflix’s hit dystopian anthology collection Black Mirror has impressed the launch of a cryptocurrency known as the Black Mirror Expertise (MIRROR). The token greater than doubled in worth inside a day of its launch, however rapidly entered a correction section.

Analysts warning that, regardless of robust debut curiosity, dangers stay from volatility and untested governance, with previous failures such because the Squid Sport token serving as reminders.

MIRROR Token Debut and Market Response

Black Mirror is a British dystopian anthology tv collection, streamed on Netflix, that explores the darkish aspect of know-how and society. Its newest season (Season 7) noticed vital engagement, with 10.6 million views in its first week in April 2025.

Banijay Leisure 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.

MIRROR token efficiency / Supply: CoinMarketCap

The venture, constructed on the KOR protocol and backed by Avalanche, Solana, Republic Crypto, and Animoca Manufacturers, 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 good points of as much as 10,000%.

May Netflix’s Entry Sign a Daring Problem in Crypto?

On the middle of the Black Mirror Expertise is Iris, a digital AI assistant impressed by the collection’ storylines. Iris analyzes digital footprints to generate dynamic popularity 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 venture 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 section. Distinguished trade figures, together with skateboard legend Tony Hawk through Coinbase’s Base Builder present, have additionally highlighted the token, bolstering credibility.

The group says the Black Mirror Expertise is an formally licensed, on-chain franchise growth. Holders can mint NFTs known as “Personas” that evolve with person engagement and supply entry to real-world belongings and collaborations throughout IPs.

Overcoming the Squid Sport Token’s Shame

This isn’t the primary time a Netflix property has impressed crypto. In 2021, the Squid Sport token skyrocketed from about $0.01 to just about $2,861 per coin, briefly hitting a $180 million valuation earlier than collapsing in a rug-pull rip-off.

The rip-off resurfaced through the launch of Squid Sport Season 2, reminding traders of the dangers tied to entertainment-inspired tokens.

Nevertheless, their backers are positioning their venture as credible and sustainable, pointing to established companions and group allocation of 58% of the provision.

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