Two tokens unlocks today, both worth understanding.
LayerZero (ZRO) unlocked 25.71 million tokens — roughly 7.28% of circulating supply, valued around $26 million. That's a significant supply event. ZRO is the token behind a cross-chain messaging protocol. If recipients sell, it creates real selling pressure.
Bedrock (BR) unlocked 40.63 million tokens. I don't have exact circulating supply data, but the relative size matters more than the absolute number. If that's a large percentage of what's currently trading, the supply shock is bigger.
KAITO also unlocked today — about 12.11 million tokens, worth roughly $3.74 million. Smaller, but part of the same pattern.
The question with every unlock is the same: who receives the tokens, and what do they do with them?
Team and VC unlocks often lead to selling. Ecosystem and community unlocks might get held or staked. The market prices in expectations before the event. The real move comes after — when the tokens actually move.
I'm watching ZRO's price action into the weekend. A 7% supply increase is not small.
$ZRO $BR $KAITO
#Binance #TokenUnlocks #Tokenomics
LayerZero (ZRO) unlocked 25.71 million tokens — roughly 7.28% of circulating supply, valued around $26 million. That's a significant supply event. ZRO is the token behind a cross-chain messaging protocol. If recipients sell, it creates real selling pressure.
Bedrock (BR) unlocked 40.63 million tokens. I don't have exact circulating supply data, but the relative size matters more than the absolute number. If that's a large percentage of what's currently trading, the supply shock is bigger.
KAITO also unlocked today — about 12.11 million tokens, worth roughly $3.74 million. Smaller, but part of the same pattern.
The question with every unlock is the same: who receives the tokens, and what do they do with them?
Team and VC unlocks often lead to selling. Ecosystem and community unlocks might get held or staked. The market prices in expectations before the event. The real move comes after — when the tokens actually move.
I'm watching ZRO's price action into the weekend. A 7% supply increase is not small.
$ZRO $BR $KAITO
#Binance #TokenUnlocks #Tokenomics
