Yesterday, 4/5 of the planned monthly unlocks of WBT coins in the near future took place. According to the whitepaper, the following unlocks are planned: - 13.03.23 - 13.11.23 - 13.07.24 - 13.05.25 - 13.03.26
The WBTUSDT price is in the $3-4 buy zone, where we bought the main position for medium- and long-term investments. We also left two more buy orders in case of volatile fluctuations in the cryptocurrency market. If they work, it will be a nice bonus for us in the long run.
To familiarize yourself with the project, you can read the tokenomics we described here:
By the way, the same idea shows how a few months ago, those who bought in the $3-4 zone were able to record x3-4 profits in a few weeks.
Now we don't expect such rapid growth, as there is still 1 more unlocking of coins ahead. But it's worth remembering that after March 13, there will be no more injections of new WhiteBIT tokens into the market until November 2023. The law of supply and demand has not yet been canceled)
Well, we have shared our thoughts, and then everyone thinks and makes decisions on their own ;) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more