Netflix launches $MIRROR token, rising first and then falling

The MIRROR token was inspired by Netflix’s Black Mirror series, which went live on September 8 on mainstream exchanges such as Kraken and Binance Alpha, and its price surged from $0.0459 to $0.0844 before pulling back 17% to $0.06408. The token is invested by Avalanche, Solana and Animoca Brands, with a market capitalization of $6.03 million and offers practical features through AI-guided and community-driven episodes. Analysts warn of volatility and governance risks, pointing out that the Squid Game token crash is a precedent.