[YGG Today's Analysis] #代币解锁
"Unlock" YGG worth about $16.86 million will be unlocked today, accounting for 1.669% of the total supply
Today, two crypto projects unlocked tokens:
YGG unlocked about 16.69 million (about $16.86 million), accounting for about 1.669% of the total supply; NYM unlocked about 25 million (about $4.05 million), accounting for about 2.5% of the total supply; if the unlocked tokens flow into the market, or there is a tendency to sell, please pay attention to the token unlocking
Event Analysis: YGG is about to unlock tokens worth about $16.86 million, accounting for 1.669% of the total supply, which may lead to an increase in market circulation in the short term, thereby generating selling pressure. Community sentiment has different reactions to such events, but they tend to be cautious. Considering the current price of 1.0080, if a large number of unlocked tokens are sold, the short-term bearish risk increases: in the long term, we need to pay attention to the project fundamentals and market absorption capacity. Investors are advised to closely monitor market reactions, remain cautious in the short term, and rely on project development and overall market trends in the long term. Today's short-term bearish outlook, long-term rising expectations require evaluation of subsequent market dynamics.
Market point analysis:
YGG current price: 1.0026U
Pressure level: 1.0685
Support level: 0.9025
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