$BTR Token Unlock Could Bring Serious Pressure.
$BTR has around 19.21M tokens worth $2.96M unlocking today, equal to 1.92% of its max supply.
What caught my attention is that this isn’t a one-time event. Another 17.6M BTR is scheduled to unlock each month over the coming months.
Guys, that’s a lot of new supply entering the market. If demand doesn’t grow fast enough to absorb it, sellers could have the upper hand.
I’m keeping a close eye on $BTR here because these unlocks can create some serious volatility.
#BTR
$BTR has around 19.21M tokens worth $2.96M unlocking today, equal to 1.92% of its max supply.
What caught my attention is that this isn’t a one-time event. Another 17.6M BTR is scheduled to unlock each month over the coming months.
Guys, that’s a lot of new supply entering the market. If demand doesn’t grow fast enough to absorb it, sellers could have the upper hand.
I’m keeping a close eye on $BTR here because these unlocks can create some serious volatility.
#BTR
