chell

#Red spoke 1200 at #red today I'm only with 400
#Shell spoke 1300 at #chell today I'm only with 350
and I'm not going to sell it just leave it there the go or break ... I'm already screwed anyway

🚀 A new project joins the HODLer Airdrops on Binance! 🚀
We are pleased to announce the tenth project in HODLer Airdrops: MyShell SHELL🎉
📅 Users who subscribed to BNB Simple Earn (flexible or locked) or On-Chain Yields products between February 14 and February 18, 2025 will be eligible for the free distribution of SHELL!
🔹 Total rewards: 25 million SHELL (2.5% of the total supply at inception)
🔹 Listing of SHELL on February 27, 2025, at 13:00 (UTC)
🔹 Trading pairs: $USDC, USDT, $BNB, FDUSD, TRY $BTC
🔹 Network: Ethereum, BNB Chain
📢 Stay tuned for updates, tokens will be distributed before trading begins 🔥
$BTC #chell

This week's large token unlocking data:
From March 31 to April 6 this week, 28 types of tokens will undergo a one-time unlocking. Sorted by unlocking value:
Among them, OP, SOL, W, CHELL, and ENA have unlocking values exceeding 20 million USD:
#OP will unlock over 32.21 million tokens on March 31, with an unlocking value of approximately 27.77 million USD, accounting for 0.75% of the circulation;
#sol will unlock over 2.72 million tokens on April 1, with an unlocking value of 363 million USD, accounting for 0.54% of the circulation;
#w will unlock over 1.367 billion tokens on April 3, with an unlocking value of 130 million USD, accounting for 13.68% of the circulation;
#chell will unlock over 2.67 million tokens on April 3, with an unlocking value of 21.53 million USD, accounting for 0.27% of the circulation;
#ENA will unlock over 134 million tokens on April 5, with an unlocking value of 54.49 million USD, accounting for 0.9% of the circulation.
It is worth noting that SOL ranks first with an unlocking value of 363 million USD, and has increased by 4.23% over the past 7 days.
The above is in UTC+8 time, and the data is from CoinAnk.
We believe that although the unlocking amount of SOL reaches 363 million USD, it only accounts for 0.54% of the circulation, resulting in a relatively limited impact on the market. Based on historical experience, institutional investors purchased SOL at an average price of 64 USD during the FTX bankruptcy auction, and current prices show significant profit, but the motivation to sell may weaken due to long-term strategic layouts. Additionally, SOL's recent price trend is strong (up 4.23% in the past 7 days), reflecting the market's confidence in its ecological development, while the staking mechanism and on-chain activity provide support for the price.
The unlocking volume of W accounts for 13.68% of the circulation, far exceeding SOL and ENA (0.9%), and its surge in circulation may trigger short-term selling pressure. A similar event caused significant fluctuations in W's price in July 2024, so caution is needed regarding liquidity dilution risks. Although CHELL has a lower unlocking amount, if demand support is lacking, there will be greater pressure for price correction.
The actual impact of token unlocking on the market depends on the behavior of holders. Historical data shows that institutional investors are more inclined to hold tokens with high growth potential (like SOL) for the long term, while projects dominated by retail investors (like W) carry higher short-term volatility risks. In the current market recovery context, investors need to pay attention to the changes in trading volume after unlocking and assess risks based on the project's fundamentals. SOL may be able to absorb selling pressure due to its ecological advantages, but tokens with a high circulation ratio should be handled with caution.

guys, a certain #chell here is new currency, it will launch in 2 hours