ADA, JTO, NEON lead the week unlocking 570 million USD before the unlocking of 3.5 billion USD in December

This week, amid the unlocking of assets worth 570 million USD, Cardano (ADA), Neon (NEON), and several other projects are leading in new token releases. Specifically, ADA is expected to unlock about 6 million USD from 18 million tokens, while NEON will release 21.9 million USD, accounting for a significant portion of its circulating supply. This unlocking occurs ahead of a more significant event in December, when the market is expected to see around 3.5 billion USD of tokens unlocked overall, which could significantly impact the prices of these assets, depending on the demand and market sentiment at that time.

Major unlocking events like this often create strong price fluctuations, especially with tokens that have substantial unlocking values compared to their total circulating supply. Market participants will need to closely monitor these unlockings to assess their impact on prices as well as investment directions.