IMX leads the token unlock tally by releasing 2.06% of its supply, worth $46.11M, from community and foundation reserves.
TAIKO will unlock 19.02% of its supply ($20.28M), while MODE’s 38.46% release ($6.39M) could spark volatility.
ENA, GAL, HFT, and DYDX together add up to millions in new tokens, influencing liquidity and market dynamics.
The cryptocurrency market is bracing for major token unlocks this week, totaling $82.46 million. These upcoming releases could significantly impact both supply and investor sentiment.
Weekly Cliff Unlocks : 2-8 September 24 
$ 82.46m 
Unlock Highlights $IMX (2.06%) – $46.11m$TAIKO (19.02%) – $20.28m$MODE (38.46%) – $6.39m$ENA (0.82%) – $3.57m$GAL (0.82%) – $2.31m$HFT (3.06%) – $1.95m$DYDX (0.68%) – $1.46m
.
.
( % of cir. supply) pic.twitter.com/I7pCDce0wp
— Token Unlocks (@Token_Unlocks) August 30, 2024
This week’s biggest unlock is IMX (Immutable X), releasing 2.06% of its circulating supply, valued at $46.11 million. This release is part of the project’s ongoing distribution strategy, coming from community and foundation reserves.
Next is the TAIKO token, poised to release a hefty 19.02% of its circulating supply, w…
The post $82M Token Unlocks Hit Crypto Market This Week appeared first on Coin Edition.
