On October 16, $VANA 10 unlocks 4.03% of the circulating supply (about US$1.35 million).
When looking at the impact of unlocks, there are three main points:
1) Scale: medium-sized;
2) Holders: this time it is early investors, the team, and the ecosystem community; generally speaking, the team and early investors have low costs, so their willingness to cash out is often stronger, while ecosystem-related releases are relatively more dispersed;
3) Absorption: unlock ≠ immediate selling of everything; it also depends on whether the market can digest it.
Which side are you on? Let us know in the comments.
#VANA
When looking at the impact of unlocks, there are three main points:
1) Scale: medium-sized;
2) Holders: this time it is early investors, the team, and the ecosystem community; generally speaking, the team and early investors have low costs, so their willingness to cash out is often stronger, while ecosystem-related releases are relatively more dispersed;
3) Absorption: unlock ≠ immediate selling of everything; it also depends on whether the market can digest it.
Which side are you on? Let us know in the comments.
#VANA