$BTW If it keeps rising, it may correct again if the price reaches $2.7.
And is it possible that it could rise to $2.7?
The answer is certainly yes. Buyers may still be trying to enter the market and push the price of BTW higher.
BTW will also unlock again.
Token amount: Around 101.6 million BTW (to be exact, 101,622,256 tokens).
Percentage of supply: 1% of the total supply of 10 billion tokens.
Recipients: According to data from Tokenomics.com, 100% is allocated to the community.
Past impact of the unlock: At that time, around 101.6 million BTW tokens (1% of the total supply) were released into the market. What happened afterward was:
Sharp drop: The price of BTW immediately plunged 49% over the weekend. This coincided with the end of Binance Wallet's "Bitway Booster" incentive campaign, removing a positive catalyst while also adding selling pressure from the newly unlocked tokens.
Quick recovery: After that drastic decline, the price surged back by 43% in just 10 hours. This movement showed that the market was highly reactive and volatile at the time, and did not move solely according to the simple laws of supply and demand.
$AIN $ON
And is it possible that it could rise to $2.7?
The answer is certainly yes. Buyers may still be trying to enter the market and push the price of BTW higher.
BTW will also unlock again.
Token amount: Around 101.6 million BTW (to be exact, 101,622,256 tokens).
Percentage of supply: 1% of the total supply of 10 billion tokens.
Recipients: According to data from Tokenomics.com, 100% is allocated to the community.
Past impact of the unlock: At that time, around 101.6 million BTW tokens (1% of the total supply) were released into the market. What happened afterward was:
Sharp drop: The price of BTW immediately plunged 49% over the weekend. This coincided with the end of Binance Wallet's "Bitway Booster" incentive campaign, removing a positive catalyst while also adding selling pressure from the newly unlocked tokens.
Quick recovery: After that drastic decline, the price surged back by 43% in just 10 hours. This movement showed that the market was highly reactive and volatile at the time, and did not move solely according to the simple laws of supply and demand.
$AIN $ON
