Many people are asking what will happen after $STO . Let's briefly understand the logic behind this price rally: it’s because on April 3rd, 22% of the circulating tokens will be unlocked, and there will be an additional 2.14% each month!


In this situation, will there still be a price rally? Unlocking means increasing the circulating market cap, which also implies more selling pressure. Currently, the market is in a bear phase with low liquidity. Moreover, on-chain data clearly shows project-related addresses are selling. It’s not that the STO whales lack vision; they are just trying to survive and endure the two-year bear market!
STO-10,65%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
StableSuperBrothervip
· 2h ago
Hop in! 🚗
View OriginalReply0
  • Pin