DOME Token Weekly Vesting Dates

4 мар. 2022 г.

8,073 Tenset subscribers were eligible for 619,348 Dome tokens each at the presale. at the price of $0.001 per token. Those people had 10% of the allocation unlocked at the token generation event and unlock around, 12,386 Dome tokens per week for the next 40 weeks.

Hero token holders who got access to the presale by fulfilling the hero token holding requirements got up to $10,000 initial investment allocation at the presale price of $0.001, with a maximum available purchase of 10,000,000 DOME tokens. 1 million DOME tokens were unlocked at the token generation event Jan, 24th 2022, and those investors can claim 200,000 Dome tokens every week, for the next 40 weeks.

Looking at BSC scan on the analytics tab, large spikes can be seen on the chart representing, the amount of transfers, the amount of unique address receivers and the amount of unique address senders on the dates tokens are unlocked.

There was selling pressure 3 out of the 4 initial vesting dates, which seems logical having access to an investment that is up 60X from where you entered, as seen on Feb 22nd. Hopefully the amount of buyers over time or daily buy volume can increase enough to compensate for the progressive sell pressure from those selling weekly vested tokens. As the DOME token price increases, that increases the USD value of those weekly vested tokens that are sold off, requiring increased buy volumes to compensate to keep price up. Not all presale investors choose to immediately sell their unlocked tokens, however when it's worth 50X, 100X, 200X the initial investment amount, It must be tempting to many.