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


by CoinEdition

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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

In This News

Coins

$ 0.00...361

$ 0.000207

$ 0.000161


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In This News

Coins

$ 0.00...361

$ 0.000207

$ 0.000161


Share:

Read More

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


by CoinEdition

Share:

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

In This News

Coins

$ 0.00...361

$ 0.000207

$ 0.000161


Share:

In This News

Coins

$ 0.00...361

$ 0.000207

$ 0.000161


Share:

Read More

Robinhood Arrives in Indonesia, Where Gen Z Arise as Tech-Savvy Investors

Robinhood Arrives in Indonesia, Where Gen Z Arise as Tech-Savvy Investors

In Brief Robinhood is set to buy Indonesian brokerage PT Buana Capital Sekuritas and...
Public DATs Face Decline as Volatility Surges

Public DATs Face Decline as Volatility Surges

Public digital asset treasury stocks down 43% despite Bitcoin's only 6% drop. Read mo...