$FIL The faucet that’s been dumping for six years is finally about to be turned off.
Once the six-year linear release ends on October 15, 68 million fewer tokens will be dumped each year.
People are used to calling it a miner’s ATM, but once the biggest source of selling pressure shuts down, it’ll leave a huge vacuum above.
Even a little buying pressure could send the price climbing. It’s been facing massive sell-offs every day, but the main source of selling is now being cut off.
If bears keep trying to push it down like before, they could get squeezed.
#比特币突破8.4万美元 #FIL $FIL
#GTC $GTC
👇
Once the six-year linear release ends on October 15, 68 million fewer tokens will be dumped each year.
People are used to calling it a miner’s ATM, but once the biggest source of selling pressure shuts down, it’ll leave a huge vacuum above.
Even a little buying pressure could send the price climbing. It’s been facing massive sell-offs every day, but the main source of selling is now being cut off.
If bears keep trying to push it down like before, they could get squeezed.
#比特币突破8.4万美元 #FIL $FIL
#GTC $GTC
👇