On October 28, $GRASS 10 unlocks 1.46% of the circulating supply (about $7.29 million), right today.
To assess the impact of an unlock, there are mainly three things to look at:
1) Scale: the proportion is not high, so the impact is relatively limited;
2) Who receives it: this time it’s the team, the ecosystem community, and the foundation; generally speaking, the team and early investors have low costs and a stronger incentive to cash out, while ecosystem distributions are usually more dispersed;
3) Absorption: unlock ≠ immediate selling of everything; it also depends on whether the market can absorb it.
If it goes the other way later, how would you respond?
I can be wrong too, don’t take this as advice.
To assess the impact of an unlock, there are mainly three things to look at:
1) Scale: the proportion is not high, so the impact is relatively limited;
2) Who receives it: this time it’s the team, the ecosystem community, and the foundation; generally speaking, the team and early investors have low costs and a stronger incentive to cash out, while ecosystem distributions are usually more dispersed;
3) Absorption: unlock ≠ immediate selling of everything; it also depends on whether the market can absorb it.
If it goes the other way later, how would you respond?
I can be wrong too, don’t take this as advice.
