SOL Ecological Tokens Are Unlocked in Large Amounts! Can You Still Buy Them?

In the Solana ecosystem, there are several key ecological tokens that are currently the leaders, but they will usher in a wave of large-scale unlocking within the month, including PYTH, which can be said to be what we need to pay special attention to in the near future. Especially after the token unlocking cycle ends, can we make a second layout, etc.

PYTH will unlock more than 140% of the current circulating tokens on May 20. It can be said that the selling pressure is very large. The last time there was such a large amount of unlocked tokens, you can refer to ARB last month. The result is obvious to everyone. It’s not that these two tokens are not good, but in the face of such short-term negative conditions, whether the market can fully absorb them is currently pessimistic.

Let’s talk about the intuitive data of PYTH. At present, the number of PYTH pledgers has reached an astonishing 160,000, and the total value of these pledged PYTH is about 700 million+ US dollars, which can be said to be a very good pledge data. In addition, although the trading volume of PYTH has fallen with the currency price recently, it is still better than other cottages with similar market value. It can be said that it is a preferred target for later layout in the SOL ecosystem. #pyth

At present, although the current price of PYTH is not suitable for entry, you don’t have to be too pessimistic. After the negative impact before unlocking is resolved and digested, it will surely usher in a recovery with the market. (We see many so-called KOLs recommending you to enter the spot market. To be honest, it is obvious that they are taking money to do things, please keep your eyes open) $SOL $PYTH