$FIL Two major events are coming up for FIL in October. On October 15, FIL will receive a double positive catalyst: the Filecoin Foundation team’s token unlocking will be fully completed, and the block reward’s six-year cycle will be halved as scheduled.
Once both developments take effect at the same time, the amount of newly circulating tokens for the year will be directly reduced by 75%, and the ongoing sell pressure that has been weighing on the market will completely disappear. Scarcity in the storage sector will increase, and capital will position itself in advance for a long-term trend. In the short term, overall market volatility will still cause fluctuations, so it’s suitable to set up positions on pullbacks—do not chase at high prices.$FIL
Once both developments take effect at the same time, the amount of newly circulating tokens for the year will be directly reduced by 75%, and the ongoing sell pressure that has been weighing on the market will completely disappear. Scarcity in the storage sector will increase, and capital will position itself in advance for a long-term trend. In the short term, overall market volatility will still cause fluctuations, so it’s suitable to set up positions on pullbacks—do not chase at high prices.$FIL
