RAIN Unlock of $785 Million in October: What Matters Now for Holders of the Prediction Market Token

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.RAIN loses 14.5 percent in a day and stands at $0.0103. In October, tokens worth around $785.5 million become free, forty-five times the daily turnover.The prediction market token RAIN has lost 14.5 percent within a day and trades at $0.0103. The reason has been sitting in the project's vesting schedule for months: in October, RAIN tokens worth roughly $785.5 million become free. That is almost forty-five times what changes hands on an ordinary day. That calculation is the heart of the matter, and it explains more about the price action than any reading of market sentiment. A token unlock is no misfortune that befalls a project. It is a date fixed at launch which anyone can look up. What alone decides the outcome is how large the released quantity is relative to the market's capacity to absorb it. For RAIN that ratio is currently extreme. What exactly happens at the RAIN unlock in October According to an analysis by the industry service Cryptobriefing, roughly $785.5 million of ...