Ouch! #SUI just took a 14.95% dive today. 📉And guess what? It's partly because of a token unlocking event for sure! 🔓
Over 64 million $SUI tokens were unlocked a few days ago, which flooded the market and sent the price plummeting. 🤮💦
Remember what Messari Research said? Token unlocks can have a major impact on token performance, especially in the seven days before and after the event. 😤⚠️
So, what's the takeaway? Token unlocking events can be risky.
Always do your research before investing, and be prepared for volatility. ⚠️ #Altcoins