Back to collectionJuly Opens Under the Unlock Date
Background: July began at 0.429, with June's losses still on everyone's books. Today: The market offered no convincing rebound, and the group began speaking of the unlock as though a further fall were certain. Impact and next: The first day of July did not dispel the fear, but it gave the group a specific subject to discuss.
A creative chronicle combining project history with imagined scenes. Story events are not verification of network activity.
Background: July began at 0.429, with June's losses still on everyone's books. Holders were watching July 9, six months after the TGE, when the unlock window for team and investor allocations would open. The date was known; the market's response was not.
Today: The market offered no convincing rebound, and the group began speaking of the unlock as though a further fall were certain. Sisyphus glanced at his calendar and found himself returning to the same circled date. The Night Watchman reminded the group that an unlock window opening and someone immediately selling were separate steps. Neither could name the future price; first they had to identify exactly what worried them.
Impact and next: The first day of July did not dispel the fear, but it gave the group a specific subject to discuss. The timing was set; the amounts and actual flows still needed clearer explanation. Sisyphus decided to avoid changing his position on group speculation before July 9, while the Night Watchman planned to watch for formal information. The opening price of 0.429 was a starting point, not a verdict on the unlock.