๐ ๐๐ฎ๐ถ๐น๐ $๐๐ซ๐ ๐จ๐ป๐น๐ผ๐ฐ๐ธ๐: ๐ฃ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น ๐๐ฒ๐ฎ๐ฟ๐ถ๐๐ต ๐๐บ๐ฝ๐ฎ๐ฐ๐ ๐ผ๐ป ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฒ๐ฒ
The daily release of 846,130 AXL tokensโamounting to 0.07% of the total supply each dayโis raising concerns among investors. This continuous token unlock could introduce sustained selling pressure, leading to potential price instability in the coming days.
Key Points:
1๏ธโฃ Daily Token Release: 846.13K AXL tokens are unlocked every day.
2๏ธโฃ Market Impact: The steady stream of tokens entering circulation could overwhelm market demand, making it difficult to absorb the inflow.
3๏ธโฃ Bearish Sentiment Building: As more tokens become available for liquidation, the increased supply could drive prices downward.
What This Means for Investors:
Increased Volatility: The constant release of tokens may create downward pressure, leading to potential dips in price.
Caution Recommended: Investors should monitor market behavior closely, as the unlock schedule could negatively impact the short-term performance of AXL.
Opportunities Amidst Risk: For some, the decline in price could offer entry opportunities, but itโs crucial to stay vigilant and manage risk effectively.
โ ๏ธ Stay Informed:
With daily unlocks continuing, the situation demands careful observation. The unfolding trend could either provide buying opportunities or signal further price dropsโtime and strategy will be key!
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