Attention to These Altcoins: There May Be a Great Selling Pressure!

Investment companies may cause major selling pressure in some altcoin markets.

According to DYOR research, some companies that invest in Web3 projects in exchange for tokens may create a sales pressure in the market by selling these tokens.

In the review of 25 projects in total, it was determined that the investors of some projects played a dominant role in the project in that they owned a large portion of the total supply of the token.

These were listed as $SEI , Connext, SAGA, Ethena, Altlayer, Celestia, $OMNI , $MANTA , CyberConnect, Starknet, Maverick Protocol and REZ.

The projects where investors did not play a dominant role but could create a high sales pressure were ONDO, Dymension, Arkham, Pixels and ZETA.