Currencies35069
Market Cap$ 4.13T+0.52%
24h Spot Volume$ 77.14B-29.1%
DominanceBTC54.34%-0.33%ETH12.22%-0.02%
ETH Gas0.39 Gwei
Cryptorank

Token Unlocking Events to Test Cryptocurrency Markets Next Week


by CoinEdition
Token Unlocking Events to Test Cryptocurrency Markets Next Week
  • Over $12.59 million worth of digital assets will be unlocked this week.
  • From June 3 to June 9, tokens like LQTY, 1INCH, EUL, and GAL will be unlocked.
  • Investors can keep a close eye on and take advantage of these unlocking events.

Token unlocking, a pivotal event in the life cycle of a cryptocurrency project, refers to the scheduled release of previously locked or vested tokens into the market — an event that can significantly influence the price of these tokens.

Typically, these tokens are reserved for team members, early investors, or other stakeholders and are initially locked to maintain market stability and incentivize commitment to the project’s long-term success.

From June 3 to June 9, investors should be particularly attentive to these token unlocking events and exercise caution with their investments. When tokens are released into the market, the circulating supply increases. Basic economic principles suggest that if demand remains constant while supply increases, the price of the token may decline.

The post Token Unlocking Events to Test Cryptocurrency Markets Next Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Powell Warns of High Asset Prices Amid Interest Rate Uncertainty

Powell Warns of High Asset Prices Amid Interest Rate Uncertainty

Detail: https://coincu.com/markets/powell-asset-prices-interest-rates/
Seedify’s Token Dropped Nearly 60% After Suspected North Korean Hack

Seedify’s Token Dropped Nearly 60% After Suspected North Korean Hack

SFUND’s token price fell by 59.8% today after a bridge hack drained undetermined fund...

Token Unlocking Events to Test Cryptocurrency Markets Next Week


by CoinEdition
Token Unlocking Events to Test Cryptocurrency Markets Next Week
  • Over $12.59 million worth of digital assets will be unlocked this week.
  • From June 3 to June 9, tokens like LQTY, 1INCH, EUL, and GAL will be unlocked.
  • Investors can keep a close eye on and take advantage of these unlocking events.

Token unlocking, a pivotal event in the life cycle of a cryptocurrency project, refers to the scheduled release of previously locked or vested tokens into the market — an event that can significantly influence the price of these tokens.

Typically, these tokens are reserved for team members, early investors, or other stakeholders and are initially locked to maintain market stability and incentivize commitment to the project’s long-term success.

From June 3 to June 9, investors should be particularly attentive to these token unlocking events and exercise caution with their investments. When tokens are released into the market, the circulating supply increases. Basic economic principles suggest that if demand remains constant while supply increases, the price of the token may decline.

The post Token Unlocking Events to Test Cryptocurrency Markets Next Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Powell Warns of High Asset Prices Amid Interest Rate Uncertainty

Powell Warns of High Asset Prices Amid Interest Rate Uncertainty

Detail: https://coincu.com/markets/powell-asset-prices-interest-rates/
Seedify’s Token Dropped Nearly 60% After Suspected North Korean Hack

Seedify’s Token Dropped Nearly 60% After Suspected North Korean Hack

SFUND’s token price fell by 59.8% today after a bridge hack drained undetermined fund...