Hi Team

About 10 days from now we face a significant event in the cryptocurrency world is the large Pyth Network (PYTH) token unlock, scheduled for May 20, 2024.

This unlock will release 2.13 billion PYTH tokens, which is more than half of the total supply.

The current market price of PYTH tokens suggests that this unlock will be worth approximately $1.24 billion. This event is notable not just for the massive amount of tokens being unlocked but also for the potential impact it could have on the market.

I did say I would hold for a year unless something dramatic changes, well this is one of those events.

Since I was always underweight SCS Token I decided to Swap my PYTH into SCS https://jup.ag/swap/PYTH-SCS

Sometimes tokens do not fall after a large unlock, but often they do. I plan to rebuy back into PYTH as I believe it is the LINK killer.... but will be out of the position for now.

PYTH was sold at 0.48 cents

SCS was purchased at .011 cents. It seemed to hit solid support and I believe this one has solid upside.