Locked Supply Raises the Next Question
After several days of rising prices, the community sought an explanation more substantial than a chain of slogans. An on-chain research account argued that early allocations were still locked and the circulating supply was “clean,” giving this rally room to run. The discussion shifted from “how much higher?”
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After several days of rising prices, the community sought an explanation more substantial than a chain of slogans. Airdrop, gaming, and staking expectations were all in play. Sisyphus was particularly concerned with the difference between tokens available to trade now and allocations yet to be released.
An on-chain research account argued that early allocations were still locked and the circulating supply was “clean,” giving this rally room to run. Some in the group treated the post as a reason to buy more. Sisyphus asked whether reduced supply today also meant unlocks to reckon with later. The post described the current structure; it did not answer what would happen when the locks expired.
The discussion shifted from “how much higher?” to “when does supply change?” Sisyphus held off trading on the post and planned to understand the lockups and subsequent release conditions before deciding on his position. The circulating-supply argument explained part of the current mood, but it could not settle the question of future supply.