The most significant release of the week will be Jito, with its launch scheduled for December 7, 2024. Its value stands at $496.71 million, which is over 103% of its circulating supply, with a total token count of 135.71 million.
Distributed between private investors and the founding team, this unlocking marks an important milestone, although it also raises questions about potential price volatility. The current trading price of Jito at $3.59 with a 24-hour volume of $108.55 million indicates active market interest, further amplified by a recent price increase of 1.23%.
Another notable unlocking is Neon EVM, also scheduled for December 7, 2024. The unlocking of Neon amounting to $21.15 million constitutes 44.92% of its circulating supply, with a total of 53.91 million tokens issued.
Distributions cover private investors, community members, advisors, and the founding team. With the current price of Neon at $0.3876 and a 24-hour volume of $3.61 million, its 2.6% price increase reflects cautiously optimistic market sentiment.
Unlocking Cardano ($ADA 
) on December 6, 2024, is relatively smaller in percentage terms, but still significant in value. The unlocking of $19.44 million represents only 0.05% of its circulating supply, releasing 18.53 million tokens. Distributed among community reserves, the current price of Cardano at $1.05, backed by a growth of 5.92%, suggests strong investor confidence despite this slight dilution.
