$MANTA #MANTA 🔓🔑
BIG WARNING 🚨
@MantaNetwork will unlock 13.63M tokens every month until January 2028. This unlock represented 1.36% of its circulating supply. Today, the price of Manta is at $0.90 showing a monthly increase of 13.00%. 📈
WHAT IS THE UNLOCK IMPACT?😱
⏭️ When a significant number of tokens are unlocked and potentially sold on the market, it can create a supply shock. This sudden increase in available tokens can lead to a decrease in price due to the basic economic principle of supply and demand. But it is a short-term price drop, possibly because a significant portion of these tokens are being sold and retailers are selling the token.
Token unlocks lead to price drops. If the project has positive momentum or the demand for the token is high, the price may remain stable or even increase despite the unlock.
INVESTOR SENTIMENT? 😱
⏭️ As Investor perspective, this can also be viewed positively as they often represent a milestone in a project’s roadmap and can attract new investors looking to buy at a potentially lower price point.
History of #TokenUnlocks 😱
⏭️A research study looked at over 5000 events where tokens were unlocked. The study found interesting patterns that showed how the supply of tokens and market feelings are delicately balanced.
1.Small Unlocks— (from 0% to 1%). it doesn’t really affect the price of the tokens.
2.Big unlocks— (More than 2%) it tends to have a noticeable negative effect.
BUT, unlocks can vary based on various factors, including the overall state of the market, the specific project involved, and investor sentiment at the time of the unlock.
These Manta Token Small Unlocks WILL NOT affect the price. While it increased market volatility, they also present unique opportunities for investors. It has potential for high returns for savvy investors who want to buy at potentially lower price. IMO, Manta will enter the top 100 tokens next year and could lead to #Bullish Reversal anytime soon.
My MANTA Target: $30-40
