🚨 AKEDO ($AKE ) Token Unlock Incoming
According to official Binance News, around 2.13B $AKE tokens are scheduled to unlock on August 21 at 00:00, worth roughly $16.32M at the valuation mentioned.
Why I am interested is that AKE has already pumped quite a lot recently. With a large amount of supply about to enter the market, I’m watching for a possible sell-the-news / post-unlock dump.
Why Bearish: If price gets rejected around the current highs and starts losing support, I’d be watching for a short setup rather than chasing the pump.
Of course, the unlock doesn’t guarantee a dump — price could react differently, so I’d wait for confirmation instead of blindly shorting.
Keep $AKE on the radar 👀
This is not Financial Advice, This is just my own thoughts as I have seen this many times before so.
According to official Binance News, around 2.13B $AKE tokens are scheduled to unlock on August 21 at 00:00, worth roughly $16.32M at the valuation mentioned.
Why I am interested is that AKE has already pumped quite a lot recently. With a large amount of supply about to enter the market, I’m watching for a possible sell-the-news / post-unlock dump.
Why Bearish: If price gets rejected around the current highs and starts losing support, I’d be watching for a short setup rather than chasing the pump.
Of course, the unlock doesn’t guarantee a dump — price could react differently, so I’d wait for confirmation instead of blindly shorting.
Keep $AKE on the radar 👀
This is not Financial Advice, This is just my own thoughts as I have seen this many times before so.