$ZK 10 October 17: 1.6% of the circulating supply will be unlocked (about $2.88 million).
To assess the impact of the unlock, there are three main things to consider:
1) Size: The percentage is not high, so the impact is relatively limited;
2) Recipients: This unlock is for early investors and the team. Generally, team members and early investors have lower cost bases and are more likely to sell, while ecosystem-related unlocks tend to be more distributed;
3) Market absorption: An unlock ≠ an immediate sell-off of everything. It also depends on whether the market can absorb the supply.
Do you think the market is overreacting?
#ZK
To assess the impact of the unlock, there are three main things to consider:
1) Size: The percentage is not high, so the impact is relatively limited;
2) Recipients: This unlock is for early investors and the team. Generally, team members and early investors have lower cost bases and are more likely to sell, while ecosystem-related unlocks tend to be more distributed;
3) Market absorption: An unlock ≠ an immediate sell-off of everything. It also depends on whether the market can absorb the supply.
Do you think the market is overreacting?
#ZK