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MainNewsOver $46 Mil...

Over $46 Million in Crypto Unlocks Coming This Week


by Anisha Pandey
for CoinEdition
NEON’s $20M Unlock to Turn the Altcoin Bearish
  • Over $20 million in NEON will be released in the crypto market on November 7th.
  • $6.32 million in ADA and $7.14 million in XAI are also awaiting unlocking events.
  • ENA, HFT, and EIGEN will also unlock tokens worth around $10 million.

Between November 4th and November 10th, over $46.34 million worth of cryptocurrencies will enter the market due to token unlock events. Neon EVM (NEON), a smart contract platform on Solana (SOL), leads these unlocks. Other notable projects with upcoming token unlocks include Cardano (ADA), Xai (XAI), Ethena (ENA), EigenLayer (EIGEN), and Hashflow (HFT).

According to data from Tokenomist (formerly TokenUnlocks) on X (formerly Twitter), more than $20.85 million in NEON (44.92% of the circulating supply) will unlock on November 7th. As of November 4th, NEON is trading at $0.3767, down 3.73% in the past 24 hours and 90.26% from its all-time high of $3.86.

Read also: Chainlink’s LINK: Poised for a Breakout, Analysts Prediction

Cardano and Xai Unlocks Follow

Similarly, $6.32 million in ADA and $7.14 million in XAI, representing 0.05% and 4.90% of their respective circulating supplies, will enter the market on November 6th a…

The post Over $46 Million in Crypto Unlocks Coming This Week appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsOver $46 Mil...

Over $46 Million in Crypto Unlocks Coming This Week


by Anisha Pandey
for CoinEdition
NEON’s $20M Unlock to Turn the Altcoin Bearish
  • Over $20 million in NEON will be released in the crypto market on November 7th.
  • $6.32 million in ADA and $7.14 million in XAI are also awaiting unlocking events.
  • ENA, HFT, and EIGEN will also unlock tokens worth around $10 million.

Between November 4th and November 10th, over $46.34 million worth of cryptocurrencies will enter the market due to token unlock events. Neon EVM (NEON), a smart contract platform on Solana (SOL), leads these unlocks. Other notable projects with upcoming token unlocks include Cardano (ADA), Xai (XAI), Ethena (ENA), EigenLayer (EIGEN), and Hashflow (HFT).

According to data from Tokenomist (formerly TokenUnlocks) on X (formerly Twitter), more than $20.85 million in NEON (44.92% of the circulating supply) will unlock on November 7th. As of November 4th, NEON is trading at $0.3767, down 3.73% in the past 24 hours and 90.26% from its all-time high of $3.86.

Read also: Chainlink’s LINK: Poised for a Breakout, Analysts Prediction

Cardano and Xai Unlocks Follow

Similarly, $6.32 million in ADA and $7.14 million in XAI, representing 0.05% and 4.90% of their respective circulating supplies, will enter the market on November 6th a…

The post Over $46 Million in Crypto Unlocks Coming This Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Analyst Sees $1 ENA Target as Whale Activity Hits Binance in Bulk

Analyst Sees $1 ENA Target as Whale Activity Hits Binance in Bulk

The Ethena (ENA) token made headlines this week, with whale activity and a sharp mark...
Cardano (ADA) Price Prediction for May 16

Cardano (ADA) Price Prediction for May 16

The Cardano price today is under pressure, trading just above $0.76 after failing to ...