It just clawed its way back from 62,000 over the weekend, and tonight at 19:03, another hit: Cronos unlocks 1.17 billion $CRO, worth around $51 million, boosting the circulating supply by 2.3% in one go.
But honestly, $51 million is nothing compared with $CRO's average daily trading volume. Whether it gets dumped depends entirely on whether the whales want to use this as an excuse to make a move—the unlock is public knowledge; panic is the variable.
A: I'm out before 19:03. Not touching a known bearish catalyst. / B: It's already priced in. If they dump, they're handing us tokens on a plate. Which side are you on?
$CRO $BTC
#Cronos #解锁 #Bitcoin
But honestly, $51 million is nothing compared with $CRO's average daily trading volume. Whether it gets dumped depends entirely on whether the whales want to use this as an excuse to make a move—the unlock is public knowledge; panic is the variable.
A: I'm out before 19:03. Not touching a known bearish catalyst. / B: It's already priced in. If they dump, they're handing us tokens on a plate. Which side are you on?
$CRO $BTC
#Cronos #解锁 #Bitcoin