I would be neutral at this point given big unlocks until June 2023 based on https://token.unlocks.app/illuvium. See attached picture. These tokens pre-seed($1) and seed ($3) are deep in profit and these investors have been selling during the linear unlocks since since mid 2022.
There is also talks about big unlock(~300,000 tokens) happening from seed rounds and staking unlocks at end of March 2023. If everyone sells it could lead to big price drop. Big price drop could eventually be a good entry point. Show Less
