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Cryptocurrency News Video
Binance Research: Token Unlocks to Hit $155B by 2030
May 21, 2024 at 10:30 am Money Matters
Recent data from Token Unlocks confirm a significant trend in the crypto industry. Many tokens are entering the market with low circulating supplies but high valuations. This market structure raises concerns about the sustainable upside for traders after Token Generation Events. A report by Binance Research revealed that up to $155 billion worth of tokens is expected to be unlocked from 2024 to 2030, highlighting the risk of substantial selling pressure unless there is a corresponding increase in buy-side demand and capital flows.
Video source：Youtube
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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