Millions of tokens representing 74% of the circulating supply of cryptocurrency project Hashflow (HFT) will soon be unlocked.
Hashflow will soon host a large amount of unlocks. According to Token Unlock data, the circulating supply is to 74.20% corresponding $41 million worth 160.38 million HFTs token’s lock Tuesday, November 7 will open on the day. This 74.20% your rate to 28% corresponding 62.5 million HFTs will be reserved for early investors.
Total supply according to the token economy of the project 19.32% to the main development team, 25% to early investors, 2.5% future recruitment costs, 53.18% is reserved for ecosystem developers. Although HFT has a total supply of 1 billion units, there are still 217 million HFTs in circulation.
The team raised $30.95 million in the HFT token presale and secured 25% of the token supply. $0.02, $0.1 And from $0.4 He had sold it. HFT is currently trading at $0.25 and if a significant portion of early investors sell at that price snow will get it. Experts think that a lock opening of this size may have a negative impact on the HFT price.
On the other hand, on-chain analysis platform lookonchaingiant market maker Wintermute Worth $1.44 million 5.65 million HFT He revealed that he transferred money to cryptocurrency exchanges in the past 3 days. It is thought that the market maker may have sold his assets before the lock opening.
According to CoinGecko data, in the last 24 hours 2.3% devalued HFT, at the time of writing 0.258 from dollars is being traded.
74 Percent Supply Opens in Altcoin: Price 13x Above Pre-Sale May Be Affected! The article titled was prepared by Tugay Erdem and published on koinbulteni.com.