🔓 Unlocking of $UTK – What's happening?
UTK is about to unlock:
✅ 58,120,000 UTK
Approximate value: US$ 943,869
Represents 5.80% of the circulating supply
Date: November 30, 2025 – 19:00
Market capitalization: US$ 11.69M
Additionally:
Total unlocked so far: 78.27% of the supply.
🧠 Why does this unlocking matter?
An unlocking means that tokens that were previously not in circulation (locked for team, investors, grants, ecosystem, etc.) enter the market for the first time.
This can cause selling pressure if the recipients decide to sell.
📉 Risks / Potentially bearish effects
An unlocking of 5.8% of the circulating supply is moderate, but considering that:
The market cap of UTK is small (≈11.7M),
And the unlocking amounts to almost 1 million dollars, then the impact may be felt stronger than in large tokens.
Possible bearish effects:
1. Immediate increase in supply → selling pressure.
2. Recipients of the unlocking (especially private investors or team) might offload part.
3. Traders might anticipate a drop and sell beforehand.
📈 Could it go up instead of down?
Yes, as you have already seen in the history.
In the previous unlocking:
Before: $0.0192
After: $0.0182
Here the price dropped slightly (approx -5%), which is logical with a smaller unlocking (2.16%).
But even so:
👉 There was a slight drop, not a collapse
👉 This indicates that UTK has some demand or holders that are holding
An unlocking may NOT affect or even favor an increase if:
The unlocked tokens are not sold.
The project announces something positive close to the event.
The general market is strong (BTC is up).
The community is accumulating.
