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$ETH lost 3K support zone 🥴
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After this whale dump for $BTC Critical support zone : $85K to $86K
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$BTC again falling below 90K And $ETH holding strong at 3100. With Macro concerns sentiment is back in extreme fear 🥴
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Top 7 Token unlocks in the upcoming week 👀 $ASTER : $75.36M $ZRO : $37.42M $ARB : 19.78M VANA : 17.41M ESPORTS : 17.22M STBL : 16.12M MERL : 16.11M <+> ••••••••••••••••••••••••••••••••••••••••••••••••• <+> Let me share How Token Unlock Affect Cryptocurrency prices : → Increased Supply: When tokens are unlocked they become available for trading. This can be from vesting schedules for early investors, team members or advisers. An increase in circulating supply, is not met by corresponding increase in demand, can put down ward pressure on the token’s price. Selling pressure can lead to temporary surge in selling volume, potentially driving the price down. → Market Perception : Token unlocks can sometimes perceived negativity by market, especially if large amounts are released. This can create FUD ( fear, uncertainty and Doubt) and lead to sell off, Even if the actual selling volume is not substantial. → Vesting Schedules: Most projects have carefully designed vesting schedules to prevent large amounts of tokens from flooding the market all at once. #learn #TokenUnlock
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What's going around $BTC 🥴
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