Unlocking tokens is one of the factors that can cause the price of #cryptocurrency to fall. When the token is unlocked, it will be available for trading on the open market. This could cause the token supply to increase, which could put downward pressure on the price.
Apart from that, when the token is unlocked, the token holders can sell it to make a profit. This can also cause prices to fall.
However, it is worth noting that #unlock tokens do not always cause prices to fall. If demand for #token remains high, then prices can remain stable or even increase.
Here are some factors that can influence cryptocurrency prices after unlocking tokens:
Request for the token
Supply of the token
Cryptocurrency market conditions
The performance of the project supported by the token
If you are interested in investing in cryptocurrency, then it is important to understand the factors that can influence cryptocurrency prices. You should also do your research before investing in any cryptocurrency.
Tokens that will have an unlock schedule this August are:
