We witnessed Bitcoin’s (BTC) push above $73,000 a few days ago. This bullish move is rumored to be the beginning of the highly anticipated bull run. Despite this optimism, an upcoming release of tokens worth over $2 billion might change things. These tokens have been vested to avoid price dumps, and their release could trigger a sharp market decline.
While some tokens have already responded to the bearish sentiment, investors continue to rally behind FXGuys ($FXG). This is thanks to its innovative DeFi offerings, which also triggered the boom of its ongoing presale. The performance of the presale tokens has sparked optimism for life-changing gains from early investors.
Let’s explore current market conditions and why $FXG is perfect for investing.
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Upcoming Long-Awaited Token Release Triggers Bearish Fears
According to the popular data tracker Tokenomist, over $2.68 billion worth of crypto tokens will be unlocked into the market this month
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