Today, January 27, @Walrus 🦭/acc ’s token unlock is happening, but the market reaction is interesting. Normally, an unlock would cause a sell-off, but Walrus’ latest Team Liquid Partnership (250TB Migration) news should give long-term investors a boost of confidence.
Walrus’ Red Stuff encoding technology has been used by platforms like Myriad to reduce data storage costs by up to 90%. “With the news of its inclusion on Grayscale’s Assets Under Consideration list, $WAL is now more than just a speculative token, it’s an asset with real-world utility. Let’s look at the ecosystem’s development rather than price fluctuations to identify opportunities.
