๐—ง๐—ต๐—ถ๐˜€ ๐—ถ๐˜€ ๐˜„๐—ต๐˜† ๐—”๐—น๐˜๐˜€๐—ฒ๐—ฎ๐˜€๐—ผ๐—ป ๐—ธ๐—ฒ๐—ฒ๐—ฝ๐˜€ ๐—ผ๐—ป ๐—ด๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฑ๐—ฒ๐—น๐—ฎ๐˜†๐—ฒ๐—ฑ ๐Ÿšจ๐Ÿ‘‡

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.