$NOM 10 October 17: 20.6% of the circulating supply will be unlocked (approximately $1.23 million).
To assess the impact of an unlock, focus on three points:
1) Size: More than 10% of the circulating supply makes this a major unlock;
2) Recipients: This time, it’s the team and early investors. Generally, the team and early investors have a low cost basis and are more likely to realize gains, while ecosystem-related releases tend to be more spread out;
3) Absorption: An unlock ≠ an immediate sale of everything. It also depends on whether the market can absorb the supply.
What will you do if things move in the opposite direction next?
#NOM
To assess the impact of an unlock, focus on three points:
1) Size: More than 10% of the circulating supply makes this a major unlock;
2) Recipients: This time, it’s the team and early investors. Generally, the team and early investors have a low cost basis and are more likely to realize gains, while ecosystem-related releases tend to be more spread out;
3) Absorption: An unlock ≠ an immediate sale of everything. It also depends on whether the market can absorb the supply.
What will you do if things move in the opposite direction next?
#NOM