Momentum's early backers paid about $0.041 per token. Their one-year cliff ends Wednesday.
$MMT trades at $0.125 on Binance today, so those wallets are still up about 3x.
The community sale on Buidlpad priced it at $0.25 to $0.35. Those buyers are down 50% to 64%. Anyone who caught the launch-day top near $4 is down about 97%.
Then there's the unlock itself. Token Unlocks lists 252M MMT on Nov 4 at 08:00 UTC+8, worth about $32M. RootData says 17.7M. A tracker built on DefiLlama data says 12.3M. That's a 20x gap on one event.
Momentum's own docs say investor tokens vest over 48 months after the 12-month cliff. That fits the small numbers, not the big one.
Read the docs before you trade the scary headline. Wednesday morning shows which tracker got it right.
$MMT
#TokenUnlocks #Sui
NFA. DYOR.
$MMT trades at $0.125 on Binance today, so those wallets are still up about 3x.
The community sale on Buidlpad priced it at $0.25 to $0.35. Those buyers are down 50% to 64%. Anyone who caught the launch-day top near $4 is down about 97%.
Then there's the unlock itself. Token Unlocks lists 252M MMT on Nov 4 at 08:00 UTC+8, worth about $32M. RootData says 17.7M. A tracker built on DefiLlama data says 12.3M. That's a 20x gap on one event.
Momentum's own docs say investor tokens vest over 48 months after the 12-month cliff. That fits the small numbers, not the big one.
Read the docs before you trade the scary headline. Wednesday morning shows which tracker got it right.
$MMT
#TokenUnlocks #Sui
NFA. DYOR.
