Mosaic Research: Token Sale Treasury Management
The price of Ethereum was recently down 80% from its all-time high back in Jan 2018. Many believe a key driver comes from excess selling pressure from projects that have raised ETH in the last 12–24 months, as these projects fund operational costs to cover daily expenses and, as the price of ETH falls, project rush to sell their treasury holdings to lock in purchasing power at higher rates.
We wanted to bring to you a great piece by the Mosaic research team, who took a deep-dive into the recent price trend and explains the Treasury-to-Market ratio to help identify potential investment opportunities underpinned by the treasury dynamics of various token sale projects.
Check out the article in the link: