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Weekly Token Unlocks: Markets Face $620M Supply Shock Led by STABLE TGE


Weekly Token Unlocks: Markets Face $620M Supply Shock Led by STABLE TGE

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  • STABLE leads with an 18 billion token unlock worth $566M on Dec 8, the largest of the week.
  • PUMP and APT follow, releasing $29.61M and $19.88M in tokens, respectively.
  • LINEA, MOVE, MOCA, and BB have mid-range unlocks totaling $23.74M in value.

Global crypto markets are pricing in a massive liquidity expansion this week, with more than $620 million in scheduled token releases set to execute between December 8 and December 14. 

Data from CryptoRank shows that seven projects account for the largest share of new supply, led by STABLE, which has the single biggest unlock of the period.

Related: Three Reasons Why Bull Run Is Not Over Yet

STABLE Listing Triggers $566 Million Liquidity Injection

STABLE will unlock 18 billion tokens on December 8, worth an estimated $566.38 million based on pre-market valuation. 

This event marks the protocol’s Token Generation …

Read The Full Article Weekly Token Unlocks: Markets Face $620M Supply Shock Led by STABLE TGE On Coin Edition.

Read the article at CoinEdition

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