Sonic Token Unlock Sparks Market Panic: Price Plunge Incoming?
Another day, another crypto unlock event sending traders scrambling. Sonic's token release just hit the market—and the sell pressure is brutal.
Why it matters: Unlocks flood the market with supply. No surprise prices tank when everyone dumps at once. Classic crypto economics.
The fallout: Watch for cascading liquidations as leveraged positions get wrecked. Pro tip: This is why you track vesting schedules.
Silver lining? Maybe a buying opportunity once the weak hands finish capitulating. Or just another reminder that tokenomics often mean 'your exit liquidity.'