$HOME This dip is 4%, but 90% of the folks didn’t catch that there’s a big event on June 10th — 750 million HOME tokens unlocking, worth about $36.87 million.
The DeFi App is a mobile DeFi platform that combines trading, staking, and cross-chain features, with 80% of the revenue used for weekly $HOME buybacks. They just opened up Rocket Perps (1000x leverage) to all users, and they even doubled the XP rewards over the weekend. There’s a clear divide in the community: some believe that pushing the price up before the unlock is to squeeze the shorts, expecting a pullback afterwards; while others think the buybacks and product demand can absorb the sell pressure. Whale addresses are continuously accumulating and haven’t moved to exchanges, which is a positive signal.
Keep an eye on the on-chain liquidity post-June 10th and see if the buybacks can stabilize the sentiment.
#HOME #TokenUnlock
The DeFi App is a mobile DeFi platform that combines trading, staking, and cross-chain features, with 80% of the revenue used for weekly $HOME buybacks. They just opened up Rocket Perps (1000x leverage) to all users, and they even doubled the XP rewards over the weekend. There’s a clear divide in the community: some believe that pushing the price up before the unlock is to squeeze the shorts, expecting a pullback afterwards; while others think the buybacks and product demand can absorb the sell pressure. Whale addresses are continuously accumulating and haven’t moved to exchanges, which is a positive signal.
Keep an eye on the on-chain liquidity post-June 10th and see if the buybacks can stabilize the sentiment.
#HOME #TokenUnlock