Holding utility tokens right before a massive cliff unlock is a mistake that has already cost traders millions.
It is painful to watch your portfolio bleed out while venture capitalists dump their cheap allocations on retail. Most investors buy the dip hoping for a bounce, only to get trapped in a never-ending downward spiral.
The upcoming August unlock for $LAB is a prime example of this market dynamic, especially while $BTC remains volatile. Some bulls argue that the market has already priced in the dilution since the token is down over 76 percent, suggesting a relief rally is overdue.
But that optimism ignores basic liquidity flows. With a massive flood of tokens hitting the market, the sell pressure is highly likely to drag $LAB down to the 0.10 dollar mark before we see any real support.
Do you think the unlock is already priced in, or are we heading straight to new lows?
#CryptoInvesting #TokenUnlocks #Altcoins