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13 Jun, 19:12

BLUR token unlock unlikely to cause major dumps

Neutral-98.01%

AI Summary

The author expects BLUR token unlock on June 14th won't cause major selling pressure despite 6% supply increase, citing investors being underwater and recent 40% price decline.

$BLUR Tomorrow 14th June Investors and Contributors will unlock their ~200m vested allocation (6% of tot. supply) Mkt cap to increase +30% Do not expect major dumps tho: > most of investors are not in profit (invested @$1bn valuation) > price already fell 40% over the weekend https://x.com/UnlocksCalendar/status/1668697954494849027/photo/1

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