Over $21.9 million in NEON will be released in the market.
A massive $6.18 million in ADA will be unlocked as well.
ADA has surged 16.31% in the past 24 hours and trades at $0.43.
More than $21 million worth of Neon EVM (NEON) tokens are set to enter the market, alongside over $25 million in other tokens, including Cardano (ADA), Ethena (ENA), EigenLayer (EIGEN), Hashflow (HFT), and Heroes of Mavia (MAVIA). This influx comes as the broader crypto market reached new highs and recorded significant gains.
According to the data posted on X by Tokenomist (formerly TokenUnlocks), a substantial 44.92% of the circulating supply of NEON (53.91 million NEON) will be unlocked, along with $6.18 million in ADA (0.05% of the circulating supply). Additionally, $400,000 in Liquity (LQTY) and $113,000 in Euler (EUL) will be released.
CoinMarketCap data indicates that NEON is currently trading at $0.4011, a 0.77% decrease over the past 24 hours. However, the altcoin has seen a considerable 26.03% increase over the last 30 days. In contrast, ADA surged 16.31% in the past day and now trades at $0.4308, a 25.45% rise over the past month. Meanwhile, LQTY and EUL are priced a…
The post Token Unlocks Alert: NEON, ADA, ENA, EIGEN, HFT, MAVIA Incoming appeared first on Coin Edition.
