$BB October 12: 2.31% of the circulating supply (approximately $256,000) will be unlocked.
To assess the impact of an unlock, focus on three things:
1) Size: medium-sized;
2) Recipients: this time, early investors and the team. Generally, teams and early investors have a lower cost basis and are more likely to cash out, while ecosystem-related releases tend to be more dispersed;
3) Absorption: an unlock ≠ an immediate sell-off of the entire amount. It also depends on whether the market can absorb it.
Do you think this is the beginning or the end?
#BB
Market conditions can change in an instant. Do your own research.
To assess the impact of an unlock, focus on three things:
1) Size: medium-sized;
2) Recipients: this time, early investors and the team. Generally, teams and early investors have a lower cost basis and are more likely to cash out, while ecosystem-related releases tend to be more dispersed;
3) Absorption: an unlock ≠ an immediate sell-off of the entire amount. It also depends on whether the market can absorb it.
Do you think this is the beginning or the end?
#BB
Market conditions can change in an instant. Do your own research.