Why is nobody talking about the $113 million $2Z unlock this week while traders stay glued to $BTC?
Most people get wrecked on these events. They either dump the second they hear extra supply is coming or they hold with no exit plan and watch their bags get diluted.
DoubleZero unlocks 1.66 billion $2Z tokens worth $113.2 million on October 2. That is a 47.7 percent jump in circulating supply on their one-year trading anniversary, with Jump Crypto taking the biggest slice at 575 million tokens. The usual story is that this always creates instant selling pressure. I think that view is lazy. Large holders like Jump rarely dump the entire allocation on day one, especially when they have real skin in the game.
$SUI faces a similar release. These cliff unlocks look scary on paper but the panic they generate usually overshoots the actual selling. The traders who study who is receiving the tokens instead of just reacting to the headline numbers tend to come out ahead.
Where do you think this $2Z unlock actually takes the price from here?
#TokenUnlocks #CryptoTrading #Altcoins
Most people get wrecked on these events. They either dump the second they hear extra supply is coming or they hold with no exit plan and watch their bags get diluted.
DoubleZero unlocks 1.66 billion $2Z tokens worth $113.2 million on October 2. That is a 47.7 percent jump in circulating supply on their one-year trading anniversary, with Jump Crypto taking the biggest slice at 575 million tokens. The usual story is that this always creates instant selling pressure. I think that view is lazy. Large holders like Jump rarely dump the entire allocation on day one, especially when they have real skin in the game.
$SUI faces a similar release. These cliff unlocks look scary on paper but the panic they generate usually overshoots the actual selling. The traders who study who is receiving the tokens instead of just reacting to the headline numbers tend to come out ahead.
Where do you think this $2Z unlock actually takes the price from here?
#TokenUnlocks #CryptoTrading #Altcoins
