$VANA October 16: 4.03% of the circulating supply (about $1.25 million) unlocks today.
To assess the impact, there are three key things to consider:
1) Scale: moderate;
2) Recipients: early investors, the team, and the ecosystem community. Generally, the team and early investors have lower cost bases and are more likely to realize gains, while ecosystem tokens tend to be released more gradually;
3) Absorption: an unlock ≠ an immediate sell-off of everything. It also depends on whether the market can absorb the supply.
What’s your take? Share your thoughts.
To assess the impact, there are three key things to consider:
1) Scale: moderate;
2) Recipients: early investors, the team, and the ecosystem community. Generally, the team and early investors have lower cost bases and are more likely to realize gains, while ecosystem tokens tend to be released more gradually;
3) Absorption: an unlock ≠ an immediate sell-off of everything. It also depends on whether the market can absorb the supply.
What’s your take? Share your thoughts.