Token unlock percentages can be misleading if you don't read them carefully.
Today, Space ID (ID) unlocked roughly 70 million tokens — about 4.56% of circulating supply. The dollar value was around $2.4 million.
Meanwhile, $RIVER unlocked 37.5% of its circulating supply yesterday. And XPL is set to unlock 63.2% on September 25 — worth roughly $157 million.
Three unlocks. Three different scales.
Here's the part most people miss: a $2.4 million unlock sounds small. But if it's 4.56% of what's currently tradeable, it's a meaningful supply increase for that specific token.
A $157 million unlock sounds huge. But if it's coming from a token with billions in market cap, the percentage tells you more than the dollar amount.
The rule I use: percentage first, dollar value second. A 1% unlock is noise. A 5% unlock is worth checking. A 30%+ unlock is a real supply event.
Who receives the tokens matters just as much. Team and VC unlocks often lead to selling. Ecosystem and community unlocks might get held or staked. The percentage tells you how big. The recipient tells you how likely the selling is.
#CryptoEducation #TokenUnlocks #Tokenomics
Today, Space ID (ID) unlocked roughly 70 million tokens — about 4.56% of circulating supply. The dollar value was around $2.4 million.
Meanwhile, $RIVER unlocked 37.5% of its circulating supply yesterday. And XPL is set to unlock 63.2% on September 25 — worth roughly $157 million.
Three unlocks. Three different scales.
Here's the part most people miss: a $2.4 million unlock sounds small. But if it's 4.56% of what's currently tradeable, it's a meaningful supply increase for that specific token.
A $157 million unlock sounds huge. But if it's coming from a token with billions in market cap, the percentage tells you more than the dollar amount.
The rule I use: percentage first, dollar value second. A 1% unlock is noise. A 5% unlock is worth checking. A 30%+ unlock is a real supply event.
Who receives the tokens matters just as much. Team and VC unlocks often lead to selling. Ecosystem and community unlocks might get held or staked. The percentage tells you how big. The recipient tells you how likely the selling is.
#CryptoEducation #TokenUnlocks #Tokenomics
