Markets· ★★· bearish·

RAIN falls 11.4% to $0.0076 as 431.6 billion tokens remain locked in vesting

  • —RAIN fell 11.4% on the day, 13.7% on the week and 40.7% over 30 days
  • —431.6 billion tokens, or 37.8% of supply, remain locked, worth $3.28 billion
  • —Daily volume of $19.5 million equals 0.36% of the $5.4 billion market cap
  • —Price sits 61% below its August high of $0.019464
Why it matters: A large locked supply against thin liquidity amplifies selling pressure whenever tokens unlock.
#RAIN
Source: CryptoTicker
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