I’ve been watching these cycles long enough that most TGEs just blur into each other. Same points systems, same quiet wallet moves, same quiet hope that this time the unlocks will actually land clean. TermMax hits on the 25th. Fifteen percent to the community, no cliff on paper, full claim the day it goes live. That’s not the usual pattern.
The multisig moved three batches—twenty million, ten, eight. People are lining them up against XP, AP, MP. The numbers floating around put early MP holders in a range that feels almost generous compared to what’s been coming out lately. Pre-market’s been sitting somewhere between fifteen and nineteen cents. If it holds, the first-day airdrop release alone sits in the low twenties of millions. Binance Wallet threw in another two million on top.
I’ve seen this movie. Anti-sybil passes, ranking coefficients shift, the real claim ratio never quite matches the spreadsheet everyone was running. Liquidity still has to eat it. Sentiment has to stay warm longer than a day or two. Most times it doesn’t. Still, something about the timing and the size of that unlock feels a little less engineered than the last few I sat through. Not cleaner. Just different enough that I keep pulling the numbers back up instead of scrolling past.
I don’t fully trust the open. Never do. But the ones who farmed early and actually held onto their points might finally get a quiet night.
@TermMax #TermMax
The multisig moved three batches—twenty million, ten, eight. People are lining them up against XP, AP, MP. The numbers floating around put early MP holders in a range that feels almost generous compared to what’s been coming out lately. Pre-market’s been sitting somewhere between fifteen and nineteen cents. If it holds, the first-day airdrop release alone sits in the low twenties of millions. Binance Wallet threw in another two million on top.
I’ve seen this movie. Anti-sybil passes, ranking coefficients shift, the real claim ratio never quite matches the spreadsheet everyone was running. Liquidity still has to eat it. Sentiment has to stay warm longer than a day or two. Most times it doesn’t. Still, something about the timing and the size of that unlock feels a little less engineered than the last few I sat through. Not cleaner. Just different enough that I keep pulling the numbers back up instead of scrolling past.
I don’t fully trust the open. Never do. But the ones who farmed early and actually held onto their points might finally get a quiet night.
@TermMax #TermMax