According to data from Web3 asset platform RootData, a substantial number of SIGN tokens will be unlocked on December 28 at 6 PM (UTC+8). Approximately 96.67 million SIGN tokens will become available in the market during this process. SIGN is a digital asset utilized across various blockchain networks, and its unlocking may present both significant opportunities and challenges for investors and other market participants. The unlocking means previously locked tokens will be released for general trading, increasing the token’s market availability. Such events typically occur when blockchain project teams or early investors are freed from restrictions on their tokens. While this increases market liquidity, it may also exert downward pressure on prices due to the higher token supply. SIGN, operating under a well-known Web3 project, has attracted investment interest due to its technology and growing user base. Web3 technology provides users with greater control over digital assets and reduces central authority through blockchain support. The unlocking phase marks an important milestone for the project’s development and offers insights into its future direction and market trends. Although the unlocking may cause short-term market volatility, the presence of long-term investors and an active market could help stabilize the token’s value. Investors are advised to carefully assess market conditions during this period and adjust their investment strategies accordingly.
Source: binance
