With unlocks, a price rise is called “good news priced in”; a price drop is called “selling pressure.”
Tonight at 7, LayerZero will unlock 23.28 million ZRO all at once
Worth about $43.3 million, or 3.83% of the circulating supply
It’s the biggest unlock today
Kaito is also unlocking today: 17.6 million KAITO, worth about $5 million, or 3.69% of the circulating supply
An unlock doesn’t mean an immediate dump
But STRK just showed us how it can go last week: the unlock landed, selling pressure hit, and it led the market lower
Tomorrow, there’s also AKE, worth about $63.26 million
On Sunday, two more unlocks totaling about $33 million
Tokenomist estimates this week’s total unlock value is close to $790 million
The tokens haven’t moved yet, but sentiment has
Will $ZRO lead the way down tonight, or is the bad news already priced in?
#ZRO大额解锁 $ZRO $KAITO
Just my personal opinion; this is not investment advice
Tonight at 7, LayerZero will unlock 23.28 million ZRO all at once
Worth about $43.3 million, or 3.83% of the circulating supply
It’s the biggest unlock today
Kaito is also unlocking today: 17.6 million KAITO, worth about $5 million, or 3.69% of the circulating supply
An unlock doesn’t mean an immediate dump
But STRK just showed us how it can go last week: the unlock landed, selling pressure hit, and it led the market lower
Tomorrow, there’s also AKE, worth about $63.26 million
On Sunday, two more unlocks totaling about $33 million
Tokenomist estimates this week’s total unlock value is close to $790 million
The tokens haven’t moved yet, but sentiment has
Will $ZRO lead the way down tonight, or is the bad news already priced in?
#ZRO大额解锁 $ZRO $KAITO
Just my personal opinion; this is not investment advice