STRK has increased by 50% in the past two days—strkBTC governance passed. CCN said that on May 15th, STRK will unlock "$120-130M," which sounds alarming.


Let's do some math: 127M × current price $0.0505 = $6.4M. CCN's $120M figure used the old ATH price. Based on STRK's circulating market cap of $295M, the unlock to market cap ratio = 2.2%—small pressure, not a bomb.
So can you chase it? Not really. All 127M are from early stakeholders: 66.61M from the team/Series A-D, 60.39M from investors. 100% of it will be sold. On May 22nd, another 2.26% of the total supply will unlock, a double hit.
A message to everyone: don’t believe all the media numbers, do your own calculations; the unlock structure is what really matters—who gets it, when they sell, is more important than the amount. strkBTC is the real story; avoid the windows of May 15-22.
#Gate广场五月交易分享 $STRK $ARB $BTC
STRK-3.63%
ARB-1.7%
BTC0.44%
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