🔔 Crypto Alert! Aptos' native token $APT is gearing up for a $300 million supply event this week, with around 25 million pre-locked tokens set to be released. APT underperformed the market last week, falling 16%, but hold on to your hats, friends! 🎢
This release represents only 6% of the current circulating supply but is almost twice the daily trading volume. $141 million will go to core contributors, $100 million to investors, $38 million to community members, and $16 million to ecosystem development.
Token unlocks often lead to price drops as supply exceeds demand, but remember, there is a silver lining in every cloud!
💡What are your thoughts on this? How will this affect APT's performance? Let's discuss below!
