floatdilution

27.9% OF SUPPLY. $76.8M.

KITE unlocks 670 million tokens on November 3. That’s 27.9% of its circulating supply hitting the market in one event.

Now compare it to ENA, also unlocking this week. 140 million tokens—but only 1.0% of its float.

KITE’s dollar amount is 3x larger. Its supply shock is 27x larger.

Bitway (BTW) sits in between: 100 million tokens worth $110 million, but just 6.8% of supply.

The dollar figure is the headline. The ratio is the event. A 27.9% dilution on a $275M project changes the float structure overnight. A 1% release on a $25.7B project is background noise.

If you’re screening unlocks by dollar value alone, you’re measuring the wrong thing.

$KITE $ENA $BTW

#TokenUnlocks #Tokenomics #SupplyShock #AltcoinResearch #FloatDilution