Hidden dangers of incomplete circulation!!! BABYDOGE unlocks 2.42 million tokens, market selling pressure is looming

The BABYDOGE unlock alert sounds again! According to CMC data, the current circulation ratio of BABYDOGE is 79.33%, still in a state of "incomplete circulation". Just 10 hours ago, the locked contract of UNCX Network unlocked tokens worth 2.42 million USD, transferring them to the multi-signature address 0xB2E...9a0F3, and this batch of tokens has all been deposited into Binance.

Since November, the total amount unlocked for BABYDOGE has reached as high as 12.02 million USD, and all of these unlocked tokens have, without exception, flowed to exchanges. It is worth noting that there are still about 9.55% of tokens in the locked contract waiting to be unlocked. The pace of unlocking and subsequent selling pressure may have a lasting impact on market prices, so vigilance is required.

The market trends of unlocked tokens not only concern price fluctuations but may also reflect the operational strategies of the project party. In the short term, the flow of these tokens to exchanges may increase market supply pressure, so attention should be paid to subsequent market performance and risk control preparations.

The cryptocurrency market is ever-changing, but Mr. Qiu's observations have never been absent! Follow Mr. Qiu to gain first-hand analysis ahead of time; missing his updates? That's even more frustrating than forgetting to recharge before entering the market!

#Meme齐涨 #1MBABYDOGE #PEPE #DOGE #SHIB $1MBABYDOGE $PEPE $DOGE