A coin unlocking on Tuesday will see its circulating supply jump by 13.6%—but it’s already down 7% today.
Caldera ($ERA ), a one-click chain deployment platform, has an unlock scheduled for Tuesday, November 17 at 3 p.m. Beijing time: about 23.8 million tokens, worth roughly $1.8 million at current prices, or around 13.6% of the circulating supply. The tokens will be released across five allocations: early backers, the core team, the community treasury, the foundation, and R&D.
A few numbers to start with:
1) The current circulating supply is only about 175 million tokens, out of a total supply of 1 billion; roughly 35% has been released so far.
2) After this unlock, the circulating supply will increase by about 13.6%.
3) The current price is around $0.076, down about 7% over 24 hours, with 24-hour trading volume of roughly $20 million.
This whale’s take: An unlock isn’t automatically bearish. What really matters is whether the recipients sell after they get their tokens. For a coin like ERA, with a small circulating supply, volatility tends to be amplified on unlock day. Buying in early means taking on the most uncertainty when the news is already certain. It’s far more sensible to wait until Tuesday’s unlock happens and then see how price and volume behave than to bet on a direction in advance. Take it one bite at a time—there’s no need to rush.
Caldera ($ERA ), a one-click chain deployment platform, has an unlock scheduled for Tuesday, November 17 at 3 p.m. Beijing time: about 23.8 million tokens, worth roughly $1.8 million at current prices, or around 13.6% of the circulating supply. The tokens will be released across five allocations: early backers, the core team, the community treasury, the foundation, and R&D.
A few numbers to start with:
1) The current circulating supply is only about 175 million tokens, out of a total supply of 1 billion; roughly 35% has been released so far.
2) After this unlock, the circulating supply will increase by about 13.6%.
3) The current price is around $0.076, down about 7% over 24 hours, with 24-hour trading volume of roughly $20 million.
This whale’s take: An unlock isn’t automatically bearish. What really matters is whether the recipients sell after they get their tokens. For a coin like ERA, with a small circulating supply, volatility tends to be amplified on unlock day. Buying in early means taking on the most uncertainty when the news is already certain. It’s far more sensible to wait until Tuesday’s unlock happens and then see how price and volume behave than to bet on a direction in advance. Take it one bite at a time—there’s no need to rush.
