The VeChain lockdown period for nodes has started, but the asset's market price has been sliding in the past days, to around $3.50, down 4.5% in the past day and more than 15% in the past week. The opportunity to lock coins in nodes still exists, but the X Nodes period has ended, leaving users with the option to invest a minimum of 10,000 VEN/VET tokens.
At the moment, there are 7,707 wallets eligible for an X Node. For the longer term, the locked supply of VEN/VET tokens may have a positive effect on price, as the freely available amount of coins is much lower, with more than half the coins locked into nodes. But after the end of the node program, the asset's market price may have a few volatile days, as buying dries up. Even at the peak of node-related buying, the price still dropped, mostly due to the general slide of all coins.
Reactie plaatsen
Reacties