Deep Dive
1. Token Unlock Pressures (Bearish Impact)
Overview:
On December 2, 2025, 61.87M PROPS (~14% of circulating supply) from the “Rewards” pool will unlock. Similar unlocks for “Company” (11.04M PROPS) and “Liquidity” (77.9M PROPS) allocations occur monthly. Performance-based vesting for “Advisors” and “Seed” pools requires a 50%+ price increase for unlocks, adding conditional sell pressure.
What this means:
Immediate unlocks could suppress prices if holders sell, but delayed releases tied to price performance may cushion downside. Historical data shows PROPS dropped 66% over 90 days, aligning with prior unlocks.
Overview:
Propbase plans to list Wyndham Queen Hotel tokens (Week 3 of August 2025 roadmap) and integrate lending/borrowing features. Cross-chain bridges (Aptos, Base, Ethereum) and a KuCoin listing (Aug 2025) improved liquidity, attracting 60,000+ holders.
What this means:
Increased real estate tokenization demand and DeFi utility could drive PROPS adoption. Past asset offerings sold out in <48 hours, signaling strong demand for RWA-linked tokens.
3. Market Sentiment (Mixed Impact)
Overview:
Crypto markets remain in “extreme fear” (CMC Fear & Greed Index: 16/100), with Bitcoin dominance at 59.01%. However, RWA narratives gained traction in 2025, with PROPS cited as a breakout candidate (CryptoNewsLand).
What this means:
PROPS’ niche in tokenized real estate may outperform if risk appetite returns, but broader market stagnation could delay recovery.
Conclusion
PROPS’ price hinges on balancing unlock-driven supply shocks against platform adoption. Watch the Dec 2 unlock’s market impact and whether Wyndham Queen listings reignite demand. Can PROPS leverage RWA momentum to offset macro headwinds?