Major Token Unlocks Expected Next Week, Totaling Around $400 Million
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According to PANews, data from Token Unlocks indicates that next week will see a significant one-time unlocking of tokens such as MEME, OP, DYDX, and ENA, with a total release value of approximately $400 million.
Ethena (ENA) will unlock about 33.33 million tokens, representing 3.76% of the circulating supply, valued at approximately $44 million, at 7 a.m. on May 2 Beijing time. Memecoin (MEME) will unlock about 53.1 billion tokens, accounting for 31.94% of the circulating supply, valued at approximately $150 million, at 3:30 p.m. on May 3 Beijing time.
Nym (NYM) will unlock about 45.63 million tokens, representing 6.36% of the circulating supply, valued at approximately $8 million, at 8 a.m. on May 3 Beijing time. Galxe (GAL) will unlock about 5.18 million tokens, accounting for 5.76% of the circulating supply, valued at approximately $23.5 million, at 8 a.m. on May 5 Beijing time.
Liquity (LQTY) will unlock about 657,000 tokens, representing 0.69% of the circulating supply, valued at approximately $710,000, at 8 a.m. on May 5 Beijing time. The data is accurate as of 9 p.m. on April 28 Beijing time.
Source = Binance
