๐จ AltLayer ( $ALT ) Set to Unlock 240M Tokens โ Will the Price Tank? ๐ฑ
AltLayer is about to release ~240 million ALT tokens, representing 6.83% of its circulating supply โ valued at an estimated $6.7 million. The token unlock could hit the market soon, sparking concerns of increased sell pressure.
โ ๏ธ Why This Matters:
Large unlocks often lead to short-term volatility
Traders may front-run the event with selloffs or shorts
ALTโs current price action could shift rapidly depending on market sentiment
๐ Will this unlock be a buying opportunity or the start of a correction?
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