99% PEOPLE AT THE PEAK DO NOT KNOW THIS🤞
$EIGEN why should not hold coins during a downtrend? 📉
⇲$EIGEN is a good project with quite beautiful tokenomics as it has fundraising rounds with a small number of VCs participating, this could lead to VCs and developers colluding to manipulate the price
⇲ However, when the market is not good, it seems that VCs and developers unlocking a large number of tokens will not be good for the price of $EIGEN
⇲ The same event and data but in two different contexts have different price impacts
1. Setting prices to distribute tokens in a growing market context
⇲ Let's go back to the past of the first token unlock for VC and the project team on 01.10.2025
According to the theory unlocking tokens -> being sold -> price drops, but historically the price just before the unlock date drops sharply but then rebounds stronger in the period after unlocking tokens for VC and the project team
==> This is seen as a sign that the project is taking advantage of news and good market timing to push prices up and distribute more
⇲ The news here is unlocking a large amount of tokens for VC and the team, so the price may drop sharply due to selling pressure
2. The market is down, row with the current flow, retreat against it
⇲ The plan to set prices fails when the market suddenly drops sharply, then the project reverses and lets the chart drift while also selling to push the price down further
==> The deeper the price drops, the more you can accumulate
⇲ In the short term, it will negatively impact the price line, but in the long term, you can see the bigger picture; this is a project where both VC and the team collaborate to push the price
🧐 Here, there are both bad signals and good signals for $EIGEN holders
⇲ Bad news, the price will continue to drop until retailers sell out and it may last until the market improves again
⇲ Good news for the project as both VC and the team collaborate on pricing, if in the next uptrend season $EIGEN a noteworthy project in the strong growth token list
✓ Developer wallet list selling tokens
0xFADF6d8dDfc122629378C214B88e1c35252e854c
0xf2f6fb7b3e8899f5d0515fce9ad2b33ba1bcf5e4
0x7f7622392c89c7f622c5e5664c3a30b34514006c
0x1fe4a1ecb3a562e9a78650ea4e5fbca3ab405790
0x8ba35b3348afa5dfb83a6772e5d398ed2e95110c
0x171e58b93901546da34b51052a51dd9ed4b54c08
0xd9d44ab5a47ea49530f33bc6477566be196cc74e
⫸ It's true that not every project with an unlock schedule sees the price drop sharply, however, if a project continuously sells tokens, the price line cannot help but drop
⫸ In investment, it doesn't matter whether you are right or wrong
Wrong, what's important is how much you lose when you're wrong and how much you gain when you're right
⫸ Therefore, the lesson learned here is not to hold tokens when the project continuously sells tokens in a downtrend, and to continually update on-chain to correct mistakes promptly