MAN Staking Hits 200M — Watch for Supply, Not a Blind Buy
I note that the amount of MAN staked in the wallet has reached 200 million tokens — a notable on-chain milestone.
I view this as a mildly positive signal: higher staking usually implies stronger holder commitment and less immediate sell pressure, but the real market impact depends on total supply, staking rate, lock-up terms, and whether these tokens are truly illiquid.
I’ll monitor staking ratios, daily unstake flows and exchange balances before shifting my position; this is a data point that merits watching rather than an automatic buy trigger.
Analysis
Recommendation
Monitor staking ratio, unstake activity and exchange flows; consider buying on weakness after confirming sustained staking and low exchange supply, otherwise hold or watch for clearer signals.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.