Currencies38131
Market Cap$ 2.28T+0.42%
24h Spot Volume$ 25.32B-22.3%
DominanceBTC56.37%+0.14%ETH9.61%+1.20%
ETH Gas0.11 Gwei
Cryptorank
/

Crypto Tsunami: $100 Million Token Unlock Wave Hits ZRO, XPL, and MBG Next Week


Crypto Tsunami: $100 Million Token Unlock Wave Hits ZRO, XPL, and MBG Next Week

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • $42.42 million worth of ZRO (LayerZero) will unlock, representing 23.13% of its circulating supply
  • XPL will unlock $35.19 million worth of tokens, while MBG will unlock $17.23 million worth of tokens
  • Token unlocks are notable considering that the sudden influx of such a large volume of tokens into the open market could create big selling pressure

Market analytics company Tokenomist has highlighted a substantial token unlock event scheduled for next week, involving digital assets with a combined value exceeding $100 million.

Out of those assets, three tokens bring the most attention. These include unlocks of:

  • $42.42 million worth of ZRO (LayerZero), representing 23.13% of its circulating supply
  • $35.19 million in XPL (Plasma), accounting for 4.94% of its circulation
  • $17.23 million in MBG (MultiBank Group), making up 19.01% of its supply

Tokenomist has c…

Read The Full Article Crypto Tsunami: $100 Million Token Unlock Wave Hits ZRO, XPL, and MBG Next Week On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.00731

+2.50%

$ 33.38K

$ 1.58

$ 1.0074


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 0.00731

+2.50%

$ 33.38K

$ 1.58

$ 1.0074


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Bitcoin Hits Record Oversold Level Against Gold, Echoing a 660% Rally

Bitcoin Hits Record Oversold Level Against Gold, Echoing a 660% Rally

In Brief Bitcoin just hit its most oversold level against gold on record, according ...
Hong Kong builds a gold and yuan network that sidesteps dollar stablecoins

Hong Kong builds a gold and yuan network that sidesteps dollar stablecoins

Stablecoins won over users by making money easier to move, long before the financial ...