5 Unlock Token Events to Watch This Week
This week, there are 5 notable unlock tokens that you need to keep an eye on:
1️⃣ Cardano (ADA): The unlock date is December 16, with a total of 18.53 million ADA. This token will be allocated for staking and reserve fund.
2️⃣ Arbitrum (ARB): Also on December 16, Arbitrum will unlock 92.65 million ARB, worth approximately 91 million USD, allocated for the team, advisors, and investors.
3️⃣ Apecoin (APE): On December 17, Apecoin will unlock 15.60 million APE. History shows that APE prices often drop after large unlocks, so investors should monitor this event closely.
4️⃣ Ethena (ENA): The unlock date is December 18, with 12.86 million ENA being released to support ecosystem development.
5️⃣ Space ID (ID): The unlock is expected to take place on December 22, with an amount of up to 78.49 million ID.
👉 You should monitor these events as they could significantly affect the price dynamics of these tokens in the near future.