PYTH, a cryptocurrency token, has a set maximum supply of 10 billion units. Currently, the number of tokens in circulation is below this maximum limit, resulting in a relatively high price for PYTH. However, it is important to note that on May 20th, an additional 2.13 billion tokens will be unlocked, surpassing the current circulating supply. This influx of tokens beyond the circulating amount may lead to significant challenges for PYTH’s price in the medium term as selling pressure could intensify. For the latest updates on financial and business news, visit COINTURK FINANCE.
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Investors Keep an Eye on Token Unlocks for Possible Price Effects
Previous ArticleA Guide on Purchasing Stafi Coin
Next Article The Price Trends of XRP are Impacted by Whales