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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23669531 No.23669531 [Reply] [Original]

if you put this cap, your stats and IQ will greatly increase, great for business

>> No.23670548
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23670548

The unlock of ICO buyers and VC investors will begin in december, there is only 24.5M tokens in circulation with 720M total supply

This is a HUGE redflag for the price of AVAX because the fully diluted marketcap is too high and inflation will result in a constant sell side pressure

ICO investors with their AVAX locked don't want the price to dump before they can sell for the private investor and public sale token unlock of December

They make multiples threads here praying for the price to stay at the same level

There are plenty of nodes on avalanche because ICO option A buyers can't sell their tokens Yet, so they HAVE to stake their token

once their token get unlocked, this will result in a sell side pressure and LESS NODES on the avalanche network.

BE CAREFUL !