TIA Faces Market Uncertainty Ahead of Token Unlock Event

  • $TIA is set to release 175M tokens (16.5% of the total supply), raising the supply by 390%.

  • Potential risk of price decline due to increased supply if demand doesn’t keep pace.

  • Gradual vesting schedules and governance mechanisms could mitigate immediate market disruptions.

Upcoming token unlocks for TIA, despite its 1x rally since listing, have sparked concerns in the market. The project’s circulating market cap currently represents only 20% of the total supply, highlighting the potential impact of the unlock on token price.

$TIA Token Unlock: Looming Crisis ?

Despite being down 80% from its ATH, $TIA is still up 1x since its listing. But a massive unlock is coming soon, raising concerns over a potential crisis

Key Stats 🗝 :
With a circulating market cap of ~$870M, which represents only 20% of the… pic.twitter.com/khwFmhgITj

— Token Unlocks (@Token_Unlocks) September 9, 2024

The unlock event, scheduled for October 31, will release 175 million TIA tokens (16.5% of the total supply). This will be followed by daily releases of 1 million tokens starting November 1, resulting in a nearly 390% increase in total supply.

This significant influx could exert downw…

The post TIA Faces Market Uncertainty Ahead of Token Unlock Event appeared first on Coin Edition.