If you hold this one token, read this tweet.

 

WBT massive token unlock is set to happen on May 13th.

WBT is the native token of Whitebit, which is one the biggest exchanges in Europe.

 

On 13th May, 39.49 million WBT tokens worth $1.19 billion will be unlocked.

 

The unlocked amount represents 27.4% of its market cap and the entire unlocked amount will go to the team and foundation.

This is why WBT is currently lagging as investors are skeptical of it.

If you're someone who is looking to add $WBT, it would be better to wait till the token is unlocked before starting DCA into it.