Today, I will discuss how the driver team takes our money. I will choose SUI as an example.
When sui was just launched, the whole market cheered and jumped in to buy regardless, but remember that at first, all tokens were in the hands of players (airdrop makers, binace laupool), so after just a few days of continuous bad news + selling pressure from players, the price continuously decreased. When will the price decrease? When binace pays out all the tokens in the laupool, that is, after 6 months, the price will start to stagnate. Why is that?
1/ After the end of paying tokens to players, the teem team will have to pump up the price because then there will be an unlock for funds, teem,... do you think they will come in first and not make a profit? If the price does not increase, the number of tokens above that are unlocked will definitely collapse the project.
2/ BTC trend is considered important to decide when to push. Even if there is a big unlock, if the BTC price goes down, those projects will collapse very strongly.
So, according to my observation, the ALT project in January 2025 will have a big unlock + BTC trend is likely to increase strongly in the last month of the year. With the unusual price increase leading the trend, ALT may return to the old peak. Wish you all a successful return to shore.
