$STRK Another ~127 million tokens unlocked at 8 a.m. this morning, about 1.7% of the circulating supply. At current prices, they’re worth only around $10 million, yet the price had already fallen 9.6% in the 24 hours before the unlock. It’s now hovering around 0.077.
This is the regular monthly unlock. The amount isn’t large, but the price drop clearly came ahead of the unlock—it looks more like sentiment took a hit first. Next, watch to see whether large amounts of tokens are transferred to exchanges.
With this kind of monthly unlock, would you buy the dip after the unlock, or stay away?
#Starknet #TokenUnlock
This is the regular monthly unlock. The amount isn’t large, but the price drop clearly came ahead of the unlock—it looks more like sentiment took a hit first. Next, watch to see whether large amounts of tokens are transferred to exchanges.
With this kind of monthly unlock, would you buy the dip after the unlock, or stay away?
#Starknet #TokenUnlock