#ShareMyTrades $RED
Preparing to unlock an additional 240M RED (24% of total supply) according to information on Binance. Of this: 110M RED for Ecosystem & Data Provider, 100M RED for Community & Genesis, 30M RED for Protocol Development. This will raise the total circulating supply to 280M RED.
Currently, the market cap of RED is $32M at a price of $0.8, after unlocking an additional 240M RED, the market cap will be $224M.
Is there a pump cycle for sharks to dump their holdings after the unlock?