RAIN under pressure: 431 billion tokens are still locked in vesting

RAIN fell 11.4 percent on Monday to $0.00760. No single piece of news sits behind the move. What is weighing on the price is the structure of the supply: of 1,142.4 billion tokens in total, 431.6 billion are still locked, while trading turns over only $19.5 million a day. Against a market capitalisation of $5.40 billion, that means 0.36 percent changes hands per day. For investors, that is the real information here. An eleven percent drop on a Monday evening is nothing unusual for a token of this size.