$PEAQ 11 unlocks 2.17% of the circulating supply (approximately $1.63 million).
To assess the impact of an unlock, focus on three things:
1) Size: medium-sized;
2) Recipients: this time, early investors and the team. Generally, teams and early investors have a lower cost basis and are more likely to sell, while ecosystem-related releases are more dispersed;
3) Absorption: an unlock ≠ an immediate sell-off of everything. It also depends on whether the market can absorb it.
What do you think?
To assess the impact of an unlock, focus on three things:
1) Size: medium-sized;
2) Recipients: this time, early investors and the team. Generally, teams and early investors have a lower cost basis and are more likely to sell, while ecosystem-related releases are more dispersed;
3) Absorption: an unlock ≠ an immediate sell-off of everything. It also depends on whether the market can absorb it.
What do you think?
