According to PANews, several significant token unlocks are scheduled for the upcoming week, impacting various cryptocurrencies including Venom (VENOM), Yield Guild Games (YGG), SingularityNET (AGIX), and Ethena (ENA). These unlocks are expected to influence the circulating supply and market value of the respective tokens.
Venom (VENOM) will unlock approximately 235 million tokens on September 25 at 4 PM UTC+8. This represents 12.66% of its current circulating supply, with an estimated value of $26.1 million. Yield Guild Games (YGG) is set to unlock around 14.08 million tokens on September 27 at 10 PM UTC+8, accounting for 3.65% of its circulating supply and valued at approximately $6.4 million.
SingularityNET (AGIX) will unlock about 8.19 million tokens on September 28 at 8 AM UTC+8, which is 1.63% of its circulating supply, with an estimated value of $5.8 million. Ethena (ENA) will unlock around 8.19 million tokens on September 29 at 3 PM UTC+8, representing 0.78% of its circulating supply and valued at approximately $3.9 million.
Additionally, Galxe (GAL) will unlock about 416,000 tokens on September 24 at 8 AM UTC+8, which is 0.33% of its circulating supply, valued at around $980,000. Acala (ACA) will unlock approximately 4.66 million tokens on September 25 at 8 AM UTC+8, representing 0.43% of its circulating supply and valued at about $300,000.
Tornado Cash (TORN) will unlock around 91,600 tokens on September 28 at 11:30 AM UTC+8, which is 2.41% of its circulating supply, valued at approximately $240,000. Lastly, Euler (EUL) will unlock about 42,000 tokens on September 27 at 8:47 AM UTC+8, representing 0.23% of its circulating supply and valued at around $190,000.