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MainNews$82M Token U...

$82M Token Unlocks Hit Crypto Market This Week


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

Circle’s USDC Stablecoin Is Now Natively Supported on the XRP Ledger

Circle’s USDC Stablecoin Is Now Natively Supported on the XRP Ledger

Circle’s USDC, the world’s second-largest stablecoin, has officially launched with na...
SharpLink Gaming Shares Plunge 70%, Chairman Joseph Lubin Offers Clarification

SharpLink Gaming Shares Plunge 70%, Chairman Joseph Lubin Offers Clarification

SharpLink Gaming’s shares nosedived by 70%, driven by widespread confusion over regul...
MainNews$82M Token U...

$82M Token Unlocks Hit Crypto Market This Week


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

Circle’s USDC Stablecoin Is Now Natively Supported on the XRP Ledger

Circle’s USDC Stablecoin Is Now Natively Supported on the XRP Ledger

Circle’s USDC, the world’s second-largest stablecoin, has officially launched with na...
SharpLink Gaming Shares Plunge 70%, Chairman Joseph Lubin Offers Clarification

SharpLink Gaming Shares Plunge 70%, Chairman Joseph Lubin Offers Clarification

SharpLink Gaming’s shares nosedived by 70%, driven by widespread confusion over regul...