Shadan Mirza
@shadanmirza
$1.5 Billion in Tokens Set to Hit the Market 💸 Nearly $1.5 billion worth of tokens from major crypto projects are scheduled to be released in August 2024. This includes around $600 million in XRP tokens📈
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Web3
@dariux
Wonder how it will effect the market. Are we just before ATH or will it hit for a moment and than huge dump and the market is crushed.... just wondering
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Shadan Mirza
@shadanmirza
The influx of new tokens may lead to increased selling pressure, especially if investors decide to cash out upon receiving their tokens. This could temporarily drive prices down.
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Web3
@dariux
Ye, I agree on that ! It will be a great opportunity to accumulate more BTC and Hodl for long term ! In any case my aim is to cash out most of my holdings in mid 25 - start of 2026. The world is not here yet and cap markets have much more space to graw.
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Shadan Mirza
@shadanmirza
Absolutely! Accumulating more BTC during a dip can be a smart strategy, especially if you believe in its long-term potential. Given the volatility of the crypto market, these moments can provide great buying opportunities for those looking to hold for the long term.
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