No. Unlocks increase supply, but price impact depends on whether demand, utility, or revenue scale at an equal or faster rate. Unlocks become problematic when they outpace organic demand growth.

In theory, token price is a function of supply & demand. Since token unlocks represent a form of inflation, they are essentially an outward shift in your token's supply curve. If your token's demand does not increase at the same or greater rate, this will theoretically result in price depreciation. Managing these factors is vital for controlling the token's purchasing power and economic stability.