"The unlocking of VC tokens is really cursed; they can't be bought out! They simply can't be bought out!"

Is there really a strong correlation between price and token unlocking? I have organized the relationship between the unlocking events of the top 200 market cap classic VC tokens and their prices.

Let's compare the token prices with ETH prices to see what results we can get.

The first type:

Represented by 1INCH, AVEO, ARB, JTO, SOLV, STRK, DYDX, Etherfi, ONDO

These tokens have fallen since their first large unlocking, and the current price has not effectively exceeded the price at the time of the first token unlocking.

The second type:

Represented by APT, EIGEN, W, there is not much relationship between token unlocking and price.

The third type:

Represented by ENA, SUI, OP, PENDLE, RENDER, SOL

These tokens are so-called unlocking bulls; after unlocking, they pump the price very high, and the drop is also very rapid.

The fourth type:

Represented by TIA, DYDX, JUP

After a large unlocking of these tokens, they pretend to pump the price and then immediately sell the tokens.

From the above analysis, we can see that the unlocking of tokens does not have a strong correlation with their prices.

Let's take another look at the comparison with ETH prices:

From the data comparison on Tradingview, we can see that except for Pendle and SUI, the other VC tokens have a strong positive correlation with ETH prices, just with different strengths in trends.

From the above statements, we can draw the conclusion:

Token unlocking will only cause strong price fluctuations in the short term; looking at a longer timeline, unlocking will not have much relationship with price.

The prices of VC tokens are greatly influenced by the overall market conditions, but there are also a few tokens that, due to their inherent strength, remain unaffected by unlocking and shine brightly.

Sometimes our criticism is not about the token unlocking itself, but the aversion to the black box nature of the unlocking. VC token pseudo-locking is often exposed, and even more so, they are sold at a discount in the primary market, which reflects the irresponsibility of the project parties towards the token price.