got the supply cut to just 42%. That is more than half. Did the price more than double on that announcement? No. Why? Because price is made from supply and demand. That supply on the market was not cut, so supply/demand die not change. The unlock will be the same.
Most of these Coins are in the hands of companies and adivisors, a big chunk will probably also be given to big exchanges. So, there will probably come more coins insto circulation, but if it‘s getting added to exchanges, they will not automatically put them all up for sale. The only thing that is supressing the price atm is the fear of „half the price“. But this is nonsense.
That’s not true. Private sale and seed investors get a large amount of Lyxe which will be dumped on the market. We are in a liquidity crisis which makes selling even small amount of coins dump the price hard than it should do
They will get LYX not LYXe and they won't dump into the market, they will make use of the token.
I assume u didnt know about lukso 1 year ago n want to get in at 5usd
Just look up my username in this group and it will tell you how long I have been here
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