We tell you which #tokens will be unlocked in the coming week and how major unlocks could affect market dynamics.
Usually, the team works out the #tokenomics carefully so as not to cause a lot of selling pressure at various stages of unlocking and thereby collapse the token price. Nevertheless, some factors, such as lack of liquidity or profit taking by early investors immediately after token unlocking, can seriously hit the asset's price.
Cardano ($ADA
)
-- Unlock date: October 22
-- Number of unlocked tokens: 18.23 million #ADA.æșèœçç„ćșđ„đ„
-- Circulating supply: 35.72 billion ADA
SpaceID (ID)
-- Unlock Date: October 22
-- Number of tokens unlocked: 18.49 million IDs
-- Current circulating supply: 430.50 million IDs
EigenLayer ($EIGEN
)
-- Unlock date: October 22
-- Number of tokens unlocked: 1.29 million EIGENs
-- Circulating supply: 186.58 million EIGEN
Ethena (ENA)
-- Unlock date: October 23
-- Number of tokens unlocked: 12.86 million ENA
--Current circulating supply: 2.74 billion ENA
Yield Guild Games ($YGG
)
-- Unlock date: October 27
-- Number of tokens unlocked: 14.08 million YGG
-- Current circulating supply: 386.40 million YGG