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 released tokens fall to RAIN in October. The seven largest unlocks of the month come to about $1.08 billion together. RAIN alone therefore accounts for just under three quarters of the entire volume, while the remaining six projects share the other $294.5 million (Cryptobri...
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