Crypto Gaming Token AXS Surges 40% Ahead of $64 Million Token Unlock

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Some observers have lengthy argued that the affect of unlocks intensify the prevailing market pattern. “Massive unlocks of tokens are a fancy occasion that interface with market psychology. Merely put, giant unlocks might be bullish catalysts in bulls, and bearish catalysts in bears. They unlock liquidity to proceed the prevailing pattern,” Chris Burniske, co-founder of New York-based crypto-focused enterprise agency Placeholder tweeted in April 2021, explaining the bullish reactions to token unlocks that befell in early 2021.



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