Jan 31 in Alpha
DYDX
In about 1 day 12 hours, DYDX is going to have a token unlock of 10% circ supply, with most of it going to early investors
This essentially just means that DYDX is about to go through a ton of profit taking.
I've called Token Unlock plays in the past with SAND especially, and it was the easiest money ever
2nd picture shows you exactly what happens after large token unlocks to early investors
So what's next for DYDX?
Imo we get a short term dump due to the profit taking
Pic 3 shows the plan for DYDX that i'd like to see
We probably wont get such a huge dump because it's not a huge unlock, but we will still get a dump after it happens
I will continue to monitor, but set alerts
4
1 comment
DYDX
skool.com/the-art-of-crypto-6407
This free course will turn you into a profitable trader in 4 weeks. No BS. No fluff. Only Value. |
The official Skool of Crypto by The Art of Crypto.
powered by