XPL Coin Exposed: How Token Unlocks Could Crash the Price”
Today we will talk about XPL Coin. 🚨🚨
This is a coin that is quietly scamming people, but many people still don’t know about it. This post is especially for those people. One important thing: please look carefully at the pictures I uploaded and try to understand my full explanation.
The two most important things in crypto today are:
1. Understanding supply and demand.
2. Understanding market manipulation.
Only after that comes Technical Analysis.
Not everything depends on technical analysis. If you understand these two things that I am explaining, you will understand the whole cryptocurrency market.
Now, in the pictures below you can clearly see:
The total supply of XPL is 10 billion.
But the current circulating supply in the market is only 2.2 billion.
That means 7.8 billion more tokens will enter the market in the future. As this supply continues to enter the market, it will directly affect demand.
For example, assume the current market cap of XPL is $240 million and supply keeps unlocking. As supply increases, the market cap will effectively get diluted.
If the team wants to keep the market cap stable, the buying volume must increase every day. To maintain price and market cap, they would need consistent daily buying pressure.
So by no means is this a safe coin.
There are thousands of coins in the market operating in a similar way.
From my screenshots you can see that XPL is using both linear unlock and cliff unlock.
In the cliff unlock, you can see that 1.75 billion tokens will unlock in September. This means that compared to today’s circulating supply, this single unlock could potentially cause a 50% to 70% price drop.
Additionally, they are also doing linear unlocks of about 88 million tokens every month.
In simple words, the scam the XPL team has done so far will likely continue.