You are viewing a single comment's thread from:

RE: Steemit Crypto Academy Contest / S11W6 - Token Unlock

in SteemitCryptoAcademy10 months ago

That token indeed unlocks and increases supply hence it is expected by many that it will affect the price of a token based on the idea of the law of demand and supply, however, you have shown us an example in Bitcoin Cash that shows it's beyond just being theoretical and it takes a lot of planning and when utilized right, it can still improve the price of a token rather than cause a dip as you have explained. All the best in the contest.

Sort:  

Thanks, you have hit the nail right on its head. Thanks for the support.

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.030
BTC 56587.45
ETH 2991.05
USDT 1.00
SBD 2.15