I know of a token that unlocked in a bear market and it dropped 94% on the day of unlock. Guess what happened.
30 Mar 2023, 22:12
I know of a token that unlocked in a bear market and it dropped 94% on the day of unlock. Guess what happened? The community was outraged, the fud was endless, they were called scammers, vaporware and at that point there was no point return for the project. Excellent fundamentals by the way.
I also know of a project that unlocked in a bull market, the token adoption was immense. It did so well.
We must choose wisely. We're doing what we feel is best for the project and how we can leverage the most adoption. Timing is everything. We need to continue building, creating demand and more utility that provides value in the DeFi space. Be angry but respect our decision..