Isn't it still a crash once the lock-up period ends?
Eva币圈淘金
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The wallet TGE opening experienced severe dumping, leading to significant profit shrinkage. Binance has started to implement per-TGE, with the first phase XNY following the same rules as TGE: a subscription of 3 BNB, with participation using alpha points. The difference is that the tokens cannot be traded immediately after the event ends; there will be a lock-up period, presumably to avoid dumping. ✴️ Supplementary update 1. Besides per-TGE, this time there is also a booster activity launched by Binance, which allows for interaction with the project using the Binance wallet within a set period (possibly 1-2 months). The amount of tokens allocated in this distribution is more than what TGE offers, but the distributed tokens will be partially locked, with a linear release. 2. This per-TGE is essentially an early presale, locking in shares while waiting for the actual TGE opening. It's uncertain how long it will take, but once it actually opens, trading seems possible. #币安Alpha上新 #TGE
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