Jito’s massive unlock could trigger volatility, impacting price movement significantly.
Neon EVM’s unlock may boost sentiment, with nearly 45% of supply released.
Cardano’s unlock shows strong market confidence despite a small supply increase.
This week, the cryptocurrency market is set for substantial activity, with a total of $574.8 million worth of tokens unlocking between December 2 and December 8, 2024. This large-scale unlocking event involves various projects, with notable increases in circulating supplies.
As per Tokenomist data, Jito ($JTO) leads with a massive unlock worth $496.71 million, accounting for 103.32% of its circulating supply. Other key tokens include Neon EVM ($NEON), Cardano ($ADA), Taiko ($TAIKO), and Ethena ($ENA). These unlocks have the potential to impact market dynamics significantly, making this week a critical period for investors and analysts alike.
Weekly Cliff Unlocks : 2 – 8 Dec '24
$574.8m + 
Unlock Highlights $JTO (103.32%) – $496.71m$NEON (44.92%) – $21.15m$ADA (0.05%) – $19.44m$TAIKO (11.38%) – $17.47m$ENA (0.45%) – $9.17m$HFT (2.87%) – $3.11m
.
( % of cir. supply) pic.twitter.com/K2IoEq7YPr
— Tokenomist (prev. Tok…
The post Jito and Neon Lead $574M Token Unlock Wave Set for December 2024 appeared first on Coin Edition.
