⚠️ Check this before you buy any coin!
Every coin has tokens locked for the team and early investors. When they unlock, a huge number of new tokens can hit the market at once.
If supply jumps while demand stays the same, price can come under pressure. That's why some coins dip around unlock day, even with good news.
3 things to check:
1️⃣ The unlock date
2️⃣ The size of the unlock compared to circulating supply
3️⃣ Never buy blindly the day before a big unlock
There's one more mistake beginners make that I'll cover in the next post. Follow so you don't miss it! 👇
Which coin's unlock are you tracking? Tell me in the comments.
#Binance #CryptoTips #TokenUnlock #CryptoForBeginners #TradingTips
Educational content, not financial advice.
Every coin has tokens locked for the team and early investors. When they unlock, a huge number of new tokens can hit the market at once.
If supply jumps while demand stays the same, price can come under pressure. That's why some coins dip around unlock day, even with good news.
3 things to check:
1️⃣ The unlock date
2️⃣ The size of the unlock compared to circulating supply
3️⃣ Never buy blindly the day before a big unlock
There's one more mistake beginners make that I'll cover in the next post. Follow so you don't miss it! 👇
Which coin's unlock are you tracking? Tell me in the comments.
#Binance #CryptoTips #TokenUnlock #CryptoForBeginners #TradingTips
Educational content, not financial advice.
