Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
CRYPTO MECHANIC
--
Follow
Thank you ☺️
CRYPTO MECHANIC
--
Make it a good weekend for my Altcoins please.
Thank you
Give a Tip
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
7.2k
0
Replies
10
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
CRYPTO MECHANIC
@CRYPTOMECHANIC
Follow
Explore More From Creator
People always ask me how Token unlocks affect the Price? For example $ENA is going to unlock 2 Billion tokens next month which is 13.75% of it's total supply. I will explain it in simplest way possible. Price movements are fully based on supply and demand. If there is good enough demand for the token new supply will be absorbed by the demand and it will have least affect on price. It may go up depending on how much demand is there or it may just do nothing. If there is not much demand for that token and the project unlocks more supply. It can have a negative impact on price. Let me share a simple economic rule More supply + Less Demand = Price goes down More demand + Less Supply = Price goes up More Supply + More Demand = Price stays the same. Now you know how it works and You can apply it on any token.
--
$ENA Actually going to unlock 2 Billion tokens next month? This is Massive.
--
$BNX Update
--
I shared many Altcoin charts and here is the short summary of the over all market. To be honest i don't see anything good in the market yet. Alts are either consolidating below key broken zones or at the key zone. Some Alts are just in between some important zones. I do not have a clear trade setup on anything right now. I do not care how many people are calling for Altseason. I trade on my own and i don't see anything good I don't buy on hopes.
--
$SUI Trading between two important zones. no good trade setup there.
--
Latest News
Binance News: Binance’s Efforts to Combat Crypto Crime Yield Record Results in 2024
--
Bitcoin Demand Remains Strong Despite Price Fluctuations
--
Polkadot Blockchain Academy Launches Educational Course For Policymakers
--
U.S. Treasury Could Save $750 Million Annually by Eliminating Paper Checks
--
SOL, HBAR, and ENA Identified as Severely Oversold Assets
--
View More
Sitemap
Cookie Preferences
Platform T&Cs