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MainNewsDeFi Markets...

DeFi Markets Brace for Volatility as $568 Million in Tokens Prepare to Unlock


by CoinEdition
DeFi Markets Brace for Volatility as $568 Million in Tokens Prepare to Unlock
  • Token unlocks trigger varied price responses depending on market conditions and investor confidence.
  • PENDLE surged 234% post-unlock, showcasing strong demand despite supply increase.
  • ENA dropped 66.73% following a token unlock, highlighting unpredictable market reactions.

Token unlocks are changing the DeFi space by releasing tokens into circulation, often causing significant price changes. With over $568 million worth of assets ready to unlock before October 6, the market could become more volatile.

The impact of these unlocks depends on current market conditions and investor sentiment, making this a key period for traders and long-term investors as DeFi projects adapt to their new circulating supplies.

A recent report from Token Unlocks highlighted the different ways token unlocks affect token prices. PENDLE saw a 4.2% unlock of its total supply but managed a 234% price surge, showing strong market confidence.

The post DeFi Markets Brace for Volatility as $568 Million in Tokens Prepare to Unlock appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsDeFi Markets...

DeFi Markets Brace for Volatility as $568 Million in Tokens Prepare to Unlock


by CoinEdition
DeFi Markets Brace for Volatility as $568 Million in Tokens Prepare to Unlock
  • Token unlocks trigger varied price responses depending on market conditions and investor confidence.
  • PENDLE surged 234% post-unlock, showcasing strong demand despite supply increase.
  • ENA dropped 66.73% following a token unlock, highlighting unpredictable market reactions.

Token unlocks are changing the DeFi space by releasing tokens into circulation, often causing significant price changes. With over $568 million worth of assets ready to unlock before October 6, the market could become more volatile.

The impact of these unlocks depends on current market conditions and investor sentiment, making this a key period for traders and long-term investors as DeFi projects adapt to their new circulating supplies.

A recent report from Token Unlocks highlighted the different ways token unlocks affect token prices. PENDLE saw a 4.2% unlock of its total supply but managed a 234% price surge, showing strong market confidence.

The post DeFi Markets Brace for Volatility as $568 Million in Tokens Prepare to Unlock appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Market Expert Predicts Bitcoin to Hit $220,000 By Year End If This Happens

Market Expert Predicts Bitcoin to Hit $220,000 By Year End If This Happens

Bitcoin (BTC) has continued to show strength following a resilient recovery from its ...
Bitcoin Climbs to $105K; Crypto ETF Issuer Sees 35% Upside

Bitcoin Climbs to $105K; Crypto ETF Issuer Sees 35% Upside

Cryptocurrencies reversed early losses as risk assets shrugged off the Moody's U.S. d...