Token unlocks create supply pressure. But not all supply pressure is the same. Today is a good example.
SOSO unlocked 23.46 million tokens — 5.97% of circulating supply, worth about $6.8 million. $BIGTIME unlocked a smaller dollar amount ($2.68 million) but a larger percentage — 13.34% of circulating supply.
That distinction matters.
A $6.8 million unlock sounds bigger than a $2.68 million unlock. But 13.34% of BIGTIME's circulating supply entering the market at once is a bigger relative supply shock than 5.97% of SOSO's.
Here's the simple rule I use:
Under 1% of circulating supply: noise. Ignore.
1%–5%: worth noting. Check the recipient.
5%–15%: real supply event. Watch the price reaction.
15%+: supply shock. Understand who's receiving and why.
The dollar amount tells you the headline. The percentage tells you the impact.
This week has more unlocks coming. XPL unlocks 63.2% of its supply on September 25 — worth roughly $157 million. H unlocks 7.34% the same day. STBL unlocks 77.79% on September 26.
Those percentages matter more than the dollar values.
#CryptoEducation #TokenUnlocks #Tokenomics
SOSO unlocked 23.46 million tokens — 5.97% of circulating supply, worth about $6.8 million. $BIGTIME unlocked a smaller dollar amount ($2.68 million) but a larger percentage — 13.34% of circulating supply.
That distinction matters.
A $6.8 million unlock sounds bigger than a $2.68 million unlock. But 13.34% of BIGTIME's circulating supply entering the market at once is a bigger relative supply shock than 5.97% of SOSO's.
Here's the simple rule I use:
Under 1% of circulating supply: noise. Ignore.
1%–5%: worth noting. Check the recipient.
5%–15%: real supply event. Watch the price reaction.
15%+: supply shock. Understand who's receiving and why.
The dollar amount tells you the headline. The percentage tells you the impact.
This week has more unlocks coming. XPL unlocks 63.2% of its supply on September 25 — worth roughly $157 million. H unlocks 7.34% the same day. STBL unlocks 77.79% on September 26.
Those percentages matter more than the dollar values.
#CryptoEducation #TokenUnlocks #Tokenomics
