Is Not Pixel Doing a Token Buyback? Looking at Its Recent Announcement

On April 30, Not Pixel announced another major PX buyback totalling 20,000,000 tokens. This brought public attention to its ongoing commitment of buying back over $10 million worth of PX across the year. 

Unlike typical promotional noise, this initiative has been consistently executed. But what does it really mean for the project, the token, and the price action we’ve seen recently? Let’s unpack the announcement, its execution, and the effects.

A Breakdown of the Buyback Timeline and Commitment

Not Pixel’s buyback plan began as a strong statement of confidence in its ecosystem. According to their official site, over 21,000,000 PX have already been bought back, representing around 8.4% of the total supply issued during the token generation event. 

This commitment is not just verbal, it is backed by a public ledger and wallet (EQCg…Bcmu) that holds the repurchased tokens, making the process transparent.

Buybacks have taken place consistently since January. The earliest records show three buybacks totalling nearly 6 million PX on 30 January 2025. This was followed by major rounds in February, March, and April. 

On 5 March alone, three buybacks were conducted totalling nearly 3.6 million PX. Smaller but steady buybacks continued in April, and the largest single-day announcement came on 30 April with a buyback of 20,000,000 PX.

These actions confirm that Not Pixel is not just planning to support its token price with promises, but is deploying treasury funds and revenue to take real action. This also helps to reduce supply in the open market, especially during sell pressure or speculative dumping.

Furthermore, the project burned 5 million PX in February, reducing the circulating supply and reinforcing its deflationary stance. Token buybacks combined with burns create natural scarcity over time, which is typically seen as favourable by long-term holders.

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Price Behaviour and Volume During the Buyback Period

Analysing PX price activity over the past week, especially about the April 30 buyback, shows several key movements. PX is currently priced at around $0.083, reflecting a 7.2% drop over 24 hours, but still showing an 8.4% gain over the past 7 days. 

This suggests short-term volatility, possibly due to speculative behaviour, followed by strong recovery periods likely supported by the buyback pressure.

The token’s 24-hour price range is between $0.081 and $0.090, a relatively tight band for a low-market-cap token undergoing aggressive buybacks. 

Despite the 7.2% dip, the broader 14-day trend shows a 19.5% gain, which indicates resilience and investor confidence. This is consistent with the strategy: buybacks stabilise price by removing supply, which can reduce selling pressure and add confidence in market floors.

Volume in the last 24 hours was $218,000, which is a moderate but healthy level for a meme-oriented or community-driven token like PX. 

Considering that daily buybacks are ranging from 1 to 2 million PX, this volume suggests that buybacks are a substantial force in market activity.

It’s important to note that the buyback announcement on 30 April was quickly followed by another 1 million PX buyback on 1 May. 

These back-to-back actions helped keep the price from falling further, indicating that Not Pixel is using buybacks to absorb sell pressure and discourage panic.

However, price is not solely influenced by supply reductions. Market confidence, external news, and community engagement also play a role. 

The combination of consistent execution and transparent communication appears to be helping PX maintain stability despite overall market uncertainty.

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What This Signals for PX Holders and Future Speculators

For current PX holders, the buyback programme should be viewed as a strong signal of project commitment. 

The fact that funds are coming from Not Pixel’s revenue streams and treasury suggests a long-term plan rather than short-term manipulation. 

It also aligns the interests of the team with those of the community by supporting price during dips and potentially rewarding patient holders.

For potential buyers or speculators, the frequent buybacks may present an opportunity but also a challenge. 

On one hand, knowing that a significant portion of tokens is being bought and held by the team might provide short-term price support. 

On the other hand, there may be limited upside if price movement is dampened by recurring supply absorption without new catalysts or adoption milestones.

Buybacks are not a guarantee of price increase. If community interest or utility for the PX token does not evolve, prices may remain flat even with aggressive buyback strategies. 

However, in a market often driven by sentiment and scarcity, reducing the token’s circulating supply can help solidify a stronger support range.

Another implication is on the speculative side. For traders trying to short PX or exit on minor gains, the consistent buyback pressure may make it harder to push the price down. 

This could create a more stable market, at least until new developments or features are released by the Not Pixel team.

Overall, the strategy supports organic market strength rather than relying on sudden hype. This can benefit both long-term investors and active traders who appreciate stability and transparency.

Conclusion

Not Pixel is executing one of the most methodical buyback campaigns in recent memory. With over 21 million PX repurchased and a clear target of $10 million in total buys this year, the team is using its resources to actively support its token and show confidence in its ecosystem. 

Price activity has shown signs of stability even during market dips, thanks in part to this approach.

For those looking to trade PX or explore similar tokens with safer trading options, platforms like Bitrue offer user-friendly tools, verified listings, and a reliable interface that makes buying and selling easier, especially during volatile periods.

Frequently Asked Questions

1. Is the PX token buyback confirmed?

Yes. Not Pixel has publicly committed to buying back over $10 million in PX tokens throughout 2025 and has already completed 21 million tokens in buybacks.

2. What is the purpose of the PX buyback?

The goal is to support PX’s market stability, reduce circulating supply, and demonstrate project confidence using revenue and treasury funds.

3. Where can I trade PX safely?

You can trade PX and other tokens with greater safety and ease on exchanges like Bitrue, which offers transparent listings and strong user protection tools.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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