$HUMA Bearish factors: Down 21% in one day to $0.0173, with another 479 million tokens set to unlock at the end of the month
Closed at $0.0295 on 11/1, down about 41% over three days, while BTC gained 2.5% over the same period
478.6 million tokens will unlock on 11/26, representing 4.8% of the total supply. Another 33 unlocks will follow, totaling 70.9%
In the two weeks following the past seven unlocks, the average maximum drawdown was about 16%. The circulating market cap is only around 17% of FDV, so further selling pressure is likely to keep emerging.
Closed at $0.0295 on 11/1, down about 41% over three days, while BTC gained 2.5% over the same period
478.6 million tokens will unlock on 11/26, representing 4.8% of the total supply. Another 33 unlocks will follow, totaling 70.9%
In the two weeks following the past seven unlocks, the average maximum drawdown was about 16%. The circulating market cap is only around 17% of FDV, so further selling pressure is likely to keep emerging.
