$PLUME unlock coming up and it’s a big one.

~1.46B tokens unlocking, about 14.7% of current market cap. Price already reacting, down ~10%, so some of this risk is clearly being priced in.

Key thing now isn’t panic it’s watching behavior:

• Do early holders distribute?

• Does volume absorb the supply?

• Any demand stepping in near lows?

Token unlocks don’t kill projects, but they do test conviction. Let’s see how #PLUME handles this phase.