Coin Edition -
- The next two months are expected to witness a massive $2 billion token unlock of various altcoins.
- 10x Research warns that the token release will result in an impending bear market.
- The platform asserts that the token unlock will limit the breadth and duration of the prevailing bull market.
A prominent crypto analytics platform, 10x Research, recently warned against an impending bear market driven by the $2 billion token unlocks in the upcoming days. The platform asserted that the current bull market is likely to stay shorter and unlikely to culminate in a broad altcoin rally.
Beware of Token Unlocks. Will Venture Capital Funds cut this Altcoin cycle short?