This round of unlocking is the first large-scale unlocking of PYTH tokens, and the current circulation is 15% of the total. The unlocking objects include four categories, namely 1.13 billion tokens (about 479 million US dollars) for ecological development, 537 million tokens (about 229 million US dollars) for publisher rewards, 250 million tokens (about 106 million US dollars) for private placement, and 212 million tokens (about 90 million US dollars) for protocol development.
In fact, only private placement is unlocked this time, and the publisher's share may be in circulation.
However, it is very likely that private placement and publishers will sell directly, and there will inevitably be a certain selling pressure in the near future.
However, at the current price, whether private placement and publishers will choose to sell for profit should not be likely. For them, the profit point of smashing the market is too small, and the selling pressure should be around 0.7-0.8.
The ecology of pyth has yet to be developed, and the ecological development share accounts for the majority this time, and there should be big moves later.
However, compared with the value capture of the coin price, it may not be of much help in the near future.
Please consider carefully before buying.
