/biz/ - Business & Finance

Anonymous Tue Nov 22 01:58:55 2022 No.52559181 [View]
File: 18 KB, 1206x449, daily-unstaked.png [View same] [iqdb] [saucenao] [google]

>>52559048
>why TF has this thing been going to zero?
1. ETH and BTC fags bought ICP for 3 cents in february 2017. Some genius thought that the people who bought in first at the lowest price should be vested for 4 years. So now we have to wait until all of them are unlocked before we can move out of the single-digit range. See picrel for the unstaking schedule (icscan.io). You see that monthly unlocks are nearly non-existent after April 2024. Until then there are about 1 Million ICP per month unlocking (and I expect them to dump)

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