WHAT HAPPENS WHEN 40% OF A TOKEN UNLOCKS IN ONE DAY? 👀
$VULT unlocks $1.59M today, Oct 27. Small number, until you see the other one: 40.07% of its entire $3.98M market cap (Bitcoinsistemi).
Yesterday's $65.4M GT unlock was just 6.37% of GT's market cap. VULT's unlock is 6x bigger in relative terms.
The trap: the dollar figure looks tiny, the supply shock is not. No holder base absorbs 40% of supply in a day without a price test.
Does VULT hold, or does the unlock set the price? 👇
Not financial advice. DYOR.
#crypto #tokenunlocks
$VULT unlocks $1.59M today, Oct 27. Small number, until you see the other one: 40.07% of its entire $3.98M market cap (Bitcoinsistemi).
Yesterday's $65.4M GT unlock was just 6.37% of GT's market cap. VULT's unlock is 6x bigger in relative terms.
The trap: the dollar figure looks tiny, the supply shock is not. No holder base absorbs 40% of supply in a day without a price test.
Does VULT hold, or does the unlock set the price? 👇
Not financial advice. DYOR.
#crypto #tokenunlocks