$FIL just ripped 7.1% in a day and 20.94% on the week, and the reason is supply math.
filecoin's own team posted that roughly 75% of gross FIL issuance sits with protocol labs and the filecoin foundation vesting, and that unlock schedule runs out in october 2026. block rewards keep flowing on their own track, but once that vesting tap shuts off, burns and collateral locking start deciding supply instead of a steady bleed of insider unlocks.
that's the kind of thing a market starts pricing in early, and i think that's exactly what's happening right now. traders don't wait for the calendar date, they front run it.
$FIL trades at $1.15 right now, off a 24h high of $1.23 and a 24h low of $1.06. if it holds $1.06, i think this run keeps grinding back toward that $1.23 high as the vesting story gets more attention. if it loses $1.06, i'm wrong on this and anyone who chased the pump here is holding a bag with no story left to lean on.
holding $1.06 or losing it?
follow me for more calls like this.
filecoin's own team posted that roughly 75% of gross FIL issuance sits with protocol labs and the filecoin foundation vesting, and that unlock schedule runs out in october 2026. block rewards keep flowing on their own track, but once that vesting tap shuts off, burns and collateral locking start deciding supply instead of a steady bleed of insider unlocks.
that's the kind of thing a market starts pricing in early, and i think that's exactly what's happening right now. traders don't wait for the calendar date, they front run it.
$FIL trades at $1.15 right now, off a 24h high of $1.23 and a 24h low of $1.06. if it holds $1.06, i think this run keeps grinding back toward that $1.23 high as the vesting story gets more attention. if it loses $1.06, i'm wrong on this and anyone who chased the pump here is holding a bag with no story left to lean on.
holding $1.06 or losing it?
follow me for more calls like this.
