Tokenomics
In short
Tokenomics describes a token's economic mechanics: total supply, distribution, unlock schedules, purpose. It often decides price more than the technology does.
The critical questions: how much do team and early investors hold? When do locked tokens unlock? Is there real usage demand or only speculation? Large unlocks are schedulable sell waves.
What is an "unlock" and why does it pressure price?
The date locked team/investor tokens become tradable — extra supply meets the same demand.
Related terms
Information, not investment advice. More of this? The newsletter.