According to Binance, $155 Billion Will Be Unlocked by 2030
According to research by Binance, the world's largest cryptocurrency exchange, a great sales pressure awaits many cryptocurrencies in the coming years.
According to research by Binance, a total of $155 billion worth of cryptocurrencies will be unlocked by 2030.
“If buy-side demand does not increase accordingly and capital flows, a significant amount of tokens entering the market will create selling pressure,” the researchers said.
The circulating supply of many cryptocurrencies that have entered the market in the past few months was low in the initial stages. The fact that these still have a high market value raises questions about how sustainably the token will grow once it enters the market, according to Binance researchers.
According to Binance researchers, due to current conditions in the market, investors should pay attention to a project's token economics, valuation, and product.