Alert: $AEVO Massive Unlock Raises Concerns Among Investors
Today marks a significant move for $AEVO, as 74% of its total supply has been unlocked. This surge in available tokens could potentially lead to price instability due to increased selling pressure, often seen with similar unlock schedules. Critics point out that such moves could harm retail investors, as exchanges list these heavily unlocked tokens, enabling large holders, including some VCs, to sell off large quantities rapidly. This trend raises concerns about the current practices under Binance’s new management compared to the standards set during CZ's tenure. Investors are advised to stay cautious and thoroughly research before making any investment decisions.
