How should you assess a token unlock? Many people can't answer!
Who receives the unlocked tokens matters: teams, early investors, ecosystem incentives, and community airdrop recipients often have different intentions to sell.
Early investors' cost basis is often far below the price after listing. Even if the price has fallen considerably, these tokens may still be sitting on unrealized gains.
Market conditions are always uncertain, so decide in advance what you'll do if your thesis is wrong.
$ARB 0.1793 (-1.91%)
Who receives the unlocked tokens matters: teams, early investors, ecosystem incentives, and community airdrop recipients often have different intentions to sell.
Early investors' cost basis is often far below the price after listing. Even if the price has fallen considerably, these tokens may still be sitting on unrealized gains.
Market conditions are always uncertain, so decide in advance what you'll do if your thesis is wrong.
$ARB 0.1793 (-1.91%)