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MainNews$82M Token U...

$82M Token Unlocks Hit Crypto Market This Week


Aug, 30, 2024
< 1 min read
by CoinEdition
$82M Token Unlocks Hit Crypto Market This Week
  • IMX leads the token unlock tally by releasing 2.06% of its supply, worth $46.11M, from community and foundation reserves.
  • TAIKO will unlock 19.02% of its supply ($20.28M), while MODE’s 38.46% release ($6.39M) could spark volatility.
  • ENA, GAL, HFT, and DYDX together add up to millions in new tokens, influencing liquidity and market dynamics.

The cryptocurrency market is bracing for major token unlocks this week, totaling $82.46 million. These upcoming releases could significantly impact both supply and investor sentiment.

This week’s biggest unlock is IMX (Immutable X), releasing 2.06% of its circulating supply, valued at $46.11 million. This release is part of the project’s ongoing distribution strategy, coming from community and foundation reserves.

Next is the TAIKO token, poised to release a hefty 19.02% of its circulating supply, w…

The post $82M Token Unlocks Hit Crypto Market This Week appeared first on Coin Edition.

Read the article at CoinEdition

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MainNews$82M Token U...

$82M Token Unlocks Hit Crypto Market This Week


Aug, 30, 2024
< 1 min read
by CoinEdition
$82M Token Unlocks Hit Crypto Market This Week
  • IMX leads the token unlock tally by releasing 2.06% of its supply, worth $46.11M, from community and foundation reserves.
  • TAIKO will unlock 19.02% of its supply ($20.28M), while MODE’s 38.46% release ($6.39M) could spark volatility.
  • ENA, GAL, HFT, and DYDX together add up to millions in new tokens, influencing liquidity and market dynamics.

The cryptocurrency market is bracing for major token unlocks this week, totaling $82.46 million. These upcoming releases could significantly impact both supply and investor sentiment.

This week’s biggest unlock is IMX (Immutable X), releasing 2.06% of its circulating supply, valued at $46.11 million. This release is part of the project’s ongoing distribution strategy, coming from community and foundation reserves.

Next is the TAIKO token, poised to release a hefty 19.02% of its circulating supply, w…

The post $82M Token Unlocks Hit Crypto Market This Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Trump Reiterates Reciprocal Tariff Policy Amid International Talks

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Detail: https://coincu.com/330878-trump-reaffirms-tariff-policy-2025/
Apr, 07, 2025
by CoinCu News
Nasdaq and S&P 500 Rebound Amid Market Turbulence

Nasdaq and S&P 500 Rebound Amid Market Turbulence

Detail: https://coincu.com/330876-nasdaq-sp500-rebound-market-turbulence/
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