🔓 🚿 Token unlocking already in 3 hours:
$GPS and
$LAYER Tonight, January 16, a significant event will take place for holders of GPS (GoPlus Security) and LAYER (Solayer) tokens. A large amount of coins will be released onto the market, which could significantly impact their value.
📌 What are these tokens?
GPS (GoPlus Security) — the native token of the Web3 security network. The project focuses on transaction protection, wallet scanning, and risk detection in the blockchain.
LAYER (Solayer) — the token of the Solana-based restaking ecosystem. It is used for project governance and earning rewards through staking.
📉 What to expect from this event?
✅ Over 366 million GPS tokens ($2.1 million) will be unlocked, and over 125 million LAYER tokens ($20.3 million). This represents 3.66% and 12.55% of their current market capitalization respectively.
✅ Price pressure. When such a large volume of coins suddenly enters the market (especially in the case of LAYER, where the volume is substantial), prices often correct downward as early investors seek to lock in profits.
✅ Increased volatility! Sharp price swings are expected in the next few hours following the unlock. Stay alert and cautious!
#GPS #layer