๐จ SOLANA Token Unlock: Market Volatility Warning ๐จ
If you expect SOL prices to stabilize, you may be disappointed! ๐
๐น On March 1, the market will usher in a major change, and 11.2 million SOL (worth over $2 billion) will be unlocked and poured into circulation.
๐น This means that 2.29% of the total supply will flood the market in an instant, which will undoubtedly trigger a series of chain reactions.
๐ Expect the market to experience violent fluctuations, frequent panic trading, and unpredictable price fluctuations.
๐ With a surge in supply, selling pressure is bound to increase. Large investors (whales) may adopt a flexible strategy and buy first and sell later to maximize their profits.