The post Binance’s Major Update: Tracking Token Unlocks for Smarter Crypto Investing appeared first on Coinpedia Fintech News
Token unlocks can shake up the market, causing prices to pump or dump depending on supply and demand. Large unlocks often lead to sell-offs as early investors cash out, while smaller ones may have little impact. Some tokens may see a short-lived pump before a drop, while others could benefit from strong narratives like DeFi or gaming. Watching unlock schedules can help traders anticipate market moves and manage risks effectively.
With massive token unlocks coming up this year Binance
Binance
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has introduced a major update to its market cap methodology by incorporating token unlock schedules into its calculations. This move aims to boost transparency, helping traders make more informed decisions.
We’re enhancing our token information methodology by incorporating token unlock schedules.
This means better transparency for our users!
Find out more