Token unlocks are significant events that have the power to sway the market as participants react to the move. The addition of tokens to the market allows early investors, developers, or other holders to sell their assets while the price is still high – which contributes to selling pressure.
Trending
Bored Ape Rapper's NFT Mint Sells Out So Fast Many Fans...
The mint, which opened Friday morning, closed minutes after the allowlist opened, raising questions from empty-handed fans as to whether or not it was...