Upcoming Major Unlocks This Week:
Galxe ($GAL): On May 30th at 20:00, 0.587 million tokens will be unlocked, with an approximate value of $840,000. These tokens account for 0.293% of the total supply.
Optimism ($OP): On May 31st at 8:00, 154.619 million OP tokens will be unlocked, valued at approximately $255 million. This represents 3.6% of the total supply.
Hedera ($HBAR): On June 1st at 8:00, 1,273.353 million HBAR tokens will be unlocked, worth approximately $68.38 million. These tokens account for 2.547% of the total supply.
Acala ($ACA): On June 1st at 15:00, 27.433 million ACA tokens will be unlocked, valued at approximately $1.29 million. This represents 2.743% of the total supply.
1inch ($1INCH): On June 2nd at 8:00, 249.808 million 1INCH tokens will be unlocked, worth around $101 million. These tokens account for 16.654% of the total supply.
Nym ($NYM): On June 2nd at 8:00, 25 million NYM tokens will be unlocked, valued at approximately $4.93 million. This represents 2.5% of the total supply.
Sui ($SUI): On June 3rd at 8:00, 61.083 million SUI tokens will be unlocked, worth around $64.93 million. These tokens account for 0.611% of the total supply.
Galxe ($GAL): On May 30th at 20:00, 0.587 million tokens will be unlocked, with an approximate value of $840,000. These tokens account for 0.293% of the total supply.
Optimism ($OP): On May 31st at 8:00, 154.619 million OP tokens will be unlocked, valued at approximately $255 million. This represents 3.6% of the total supply.
Hedera ($HBAR): On June 1st at 8:00, 1,273.353 million HBAR tokens will be unlocked, worth approximately $68.38 million. These tokens account for 2.547% of the total supply.
Acala ($ACA): On June 1st at 15:00, 27.433 million ACA tokens will be unlocked, valued at approximately $1.29 million. This represents 2.743% of the total supply.
1inch ($1INCH): On June 2nd at 8:00, 249.808 million 1INCH tokens will be unlocked, worth around $101 million. These tokens account for 16.654% of the total supply.
Nym ($NYM): On June 2nd at 8:00, 25 million NYM tokens will be unlocked, valued at approximately $4.93 million. This represents 2.5% of the total supply.
Sui ($SUI): On June 3rd at 8:00, 61.083 million SUI tokens will be unlocked, worth around $64.93 million. These tokens account for 0.611% of the total supply.
Alpha
image_2023-05-24_10-08-37.png
$APE down 33%, still think it can go below $3 soon!
A proposal has recently emerged on Optimism.
This proposal aims to set the inflation rate from 2% to 0% from April 2023 to May 2023 due to a significant supply unlock scheduled for the Partner Fund, Seed Fund, and Unallocated categories of the original token distribution
No additional tokens will be minted during that specified period.
This proposal is based that the current 2% inflation rate unnecessary.
If the proposal is approved, there will be no minting of additional tokens. Conversely, if it is not approved, 3% of the total supply will be minted. (UNLOCKS)
The Fear!
This proposal aims to set the inflation rate from 2% to 0% from April 2023 to May 2023 due to a significant supply unlock scheduled for the Partner Fund, Seed Fund, and Unallocated categories of the original token distribution
No additional tokens will be minted during that specified period.
This proposal is based that the current 2% inflation rate unnecessary.
If the proposal is approved, there will be no minting of additional tokens. Conversely, if it is not approved, 3% of the total supply will be minted. (UNLOCKS)
The Fear!
Update; going forward:
The channel is going to be more focused on exploring different protocols, (Unlocks, macro, on-chain or narrative trend, deals, in depth view) with a daily curated recap at a specific time (to be determined via a poll).
There will be a weekly in-depth newsletter featuring research on trends and narratives, along with a perfect and unique wrap-up. (free ofc) , V imp updates in channel only!
And I appreciate the support of the valuable People who enjoy the content and benefit from it and supporting the Cause. The purpose of the channel has always been to create change and make a difference!
The channel is going to be more focused on exploring different protocols, (Unlocks, macro, on-chain or narrative trend, deals, in depth view) with a daily curated recap at a specific time (to be determined via a poll).
There will be a weekly in-depth newsletter featuring research on trends and narratives, along with a perfect and unique wrap-up. (free ofc) , V imp updates in channel only!
And I appreciate the support of the valuable People who enjoy the content and benefit from it and supporting the Cause. The purpose of the channel has always been to create change and make a difference!
Suggested platform for content/research:
Anonymous Poll
36%
Substack
58%
Twitter (Twitter has become a new platform for newsletters.)
5%
beehiiv
2-hours ago, 4,166,667 $EDU ($5.12M) were transferred into Binance. This represents the liquidity category that was unlocked on the 28th.
Currently, on the 28th of each month, EDU will unlock the following categories: operation, liquidity, early contributors, and ecological funds, with a monthly unlock of 21.19 million.
Currently, on the 28th of each month, EDU will unlock the following categories: operation, liquidity, early contributors, and ecological funds, with a monthly unlock of 21.19 million.
Binance Launchpad coins typically follow a similar pattern. Initially, Pumps hard (often influenced by Insiders ).
However, they subsequently undergo a rapid decline, often at twice the speed of their initial pump.
Binance Launchpad had 5% of the total token supply for $EDU itself, and it is likely they are up 24x at current prices, and potentially 30x at its peak before the subsequent dumps occur.
However, they subsequently undergo a rapid decline, often at twice the speed of their initial pump.
Binance Launchpad had 5% of the total token supply for $EDU itself, and it is likely they are up 24x at current prices, and potentially 30x at its peak before the subsequent dumps occur.
Crypto is once again hitting with mainstream headlines, driven by the booming AI technology and strong fundamentals talks on twitter, Likely a correction is due especially considering the upcoming vote on the debt ceiling tomorrow and the Non-Farm Payrolls (NFP) report scheduled for Friday.