๐ง๐ต๐ถ๐ ๐ถ๐ ๐๐ต๐ ๐๐น๐๐๐ฒ๐ฎ๐๐ผ๐ป ๐ธ๐ฒ๐ฒ๐ฝ๐ ๐ผ๐ป ๐ด๐ฒ๐๐๐ถ๐ป๐ด ๐ฑ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐จ๐
For some people, QT is the reason behind no #Altseason
For some people, PumpFun is the primary reason.
But the major reason is massive supply entering the market.
In May alone, $4.4 BILLION WORTH OF TOKENS will be unlocked.
Retail has no liquidity left, while institutions are only focused on #BTC.
So, what'll happen to prices?
They'll dump because of the simple supply-demand mechanism.
I think it's high time for projects to rethink their vesting strategy so that retail doesn't become an exit liquidity.