AKE gave a clean lesson this weekend. Up more than 250% on the week, all-time high of $0.1467 on Sunday, then a sharp reversal. The detail buried at the end of the story: 2.11 billion tokens unlocked on Monday. The high printed one day before a supply event that sat on a public calendar.
This week has more of them.
1. Plasma (XPL): about 1.76 billion tokens on 25 September, roughly 63% of circulating supply, near $158 million at current prices.
2. Big Time (BIGTIME): about 333 million on 25 September, 13.3% of circulating supply.
3. Humanity Protocol (H): about 266 million on 25 September, 7.3%.
4. Four more between Tuesday and Saturday, each in the 3.6% to 6% range.
The date is not the interesting part, because everyone can read a calendar. What decides the outcome is who receives the tokens and how deep the book is when they arrive. Sixty three percent landing into a thin order book is a different event from the same percentage landing into a deep one, and the second question is the one almost nobody checks.
Not financial advice. Do your own research.
When you look at an unlock, what do you check first?
This week has more of them.
1. Plasma (XPL): about 1.76 billion tokens on 25 September, roughly 63% of circulating supply, near $158 million at current prices.
2. Big Time (BIGTIME): about 333 million on 25 September, 13.3% of circulating supply.
3. Humanity Protocol (H): about 266 million on 25 September, 7.3%.
4. Four more between Tuesday and Saturday, each in the 3.6% to 6% range.
The date is not the interesting part, because everyone can read a calendar. What decides the outcome is who receives the tokens and how deep the book is when they arrive. Sixty three percent landing into a thin order book is a different event from the same percentage landing into a deep one, and the second question is the one almost nobody checks.
Not financial advice. Do your own research.
When you look at an unlock, what do you check first?