TL;DR
-
Aptos, Avalanche, and Sandbox all have token unlocks this month, which means increased/diluted supplies and potential sell pressure (be careful out there folks).
Full Story
This month a bunch of crypto tokens are unlocking (aka: being released into circulation).
Which may seem peculiar because they aren’t new coins.
They’re coins that were just locked from the public.
For instance:
On Wednesday, SAND will release 9.19% of their overall supply into circulation, accounting for over $96M worth of The Sandbox’s gaming token.
(With Aptos and Avalanche running unlocks later this month).
And, you may ask “why did they not release all of the tokens at once?”
Well, similar to your weekly allowance as a kid, if you’re given $100 to cover the next month — you might spend it all at once.
But if you’re given $25 a week for 4 weeks, it seems to last a lot longer even though the parameters are the same.
Same goes for crypto projects:
Teams meticulously plan the launch and release of tokens into circulations to hopefully ensure a token’s price stability and long term health.
But the one thing they can’t plan for is the price of their token after an unlock. Tokens being released en mass means that the overall supply rises, and often results in a big push to sell.
Which means, over the next month, these tokens may have to battle some pretty heavy sell pressure.
And we sure will be watching to see how it all shakes out.
get generic clomiphene pills how can i get generic clomiphene without dr prescription buy clomid price how to get cheap clomiphene without dr prescription can you buy clomiphene pills buy generic clomiphene tablets where to get clomid price
This is the compassionate of criticism I truly appreciate.
order zithromax without prescription – order floxin sale buy metronidazole 400mg online
order rybelsus 14mg – purchase periactin pill cyproheptadine price
domperidone over the counter – cyclobenzaprine online order oral cyclobenzaprine
inderal 10mg generic – order methotrexate 5mg sale methotrexate 2.5mg ca
cheap amoxicillin pills – buy ipratropium 100 mcg pill buy combivent 100mcg generic