Token unlocks are usually treated as automatically bearish.
But there's a second side.
If an ecosystem is genuinely growing, new supply can be absorbed by new demand.
The real question isn't:
“Is there an unlock?”
It's:
“Is demand growing faster than the new supply?”
That's the balance I'd watch.
$H $VELVET $TAC
But there's a second side.
If an ecosystem is genuinely growing, new supply can be absorbed by new demand.
The real question isn't:
“Is there an unlock?”
It's:
“Is demand growing faster than the new supply?”
That's the balance I'd watch.
$H $VELVET $TAC