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MainNewsJito and Neo...

Jito and Neon Lead $574M Token Unlock Wave Set for December 2024


by Maxwell Mutuma
for CoinEdition
Crypto Market Braces for $574M Token Unlocks December 2024
  • Jito’s massive unlock could trigger volatility, impacting price movement significantly.
  • Neon EVM’s unlock may boost sentiment, with nearly 45% of supply released.
  • Cardano’s unlock shows strong market confidence despite a small supply increase.

This week, the cryptocurrency market is set for substantial activity, with a total of $574.8 million worth of tokens unlocking between December 2 and December 8, 2024. This large-scale unlocking event involves various projects, with notable increases in circulating supplies.

As per Tokenomist data, Jito ($JTO) leads with a massive unlock worth $496.71 million, accounting for 103.32% of its circulating supply. Other key tokens include Neon EVM ($NEON), Cardano ($ADA), Taiko ($TAIKO), and Ethena ($ENA). These unlocks have the potential to impact market dynamics significantly, making this week a critical period for investors and analysts alike.

The post Jito and Neon Lead $574M Token Unlock Wave Set for December 2024 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

ENA Price Prediction May 2: $30M Token Unlock Could Drive Short-Term Dip

ENA Price Prediction May 2: $30M Token Unlock Could Drive Short-Term Dip

Ethena’s native token, ENA, is facing significant bearish pressure shaping its price ...
MicroStrategy Reports $4.2 Billion Net Loss in Q1 Despite a 13% Bitcoin Yield

MicroStrategy Reports $4.2 Billion Net Loss in Q1 Despite a 13% Bitcoin Yield

Strategy recently posted its Q1 2025 earnings report, showing over $4.2 billion in ne...
MainNewsJito and Neo...

Jito and Neon Lead $574M Token Unlock Wave Set for December 2024


by Maxwell Mutuma
for CoinEdition
Crypto Market Braces for $574M Token Unlocks December 2024
  • Jito’s massive unlock could trigger volatility, impacting price movement significantly.
  • Neon EVM’s unlock may boost sentiment, with nearly 45% of supply released.
  • Cardano’s unlock shows strong market confidence despite a small supply increase.

This week, the cryptocurrency market is set for substantial activity, with a total of $574.8 million worth of tokens unlocking between December 2 and December 8, 2024. This large-scale unlocking event involves various projects, with notable increases in circulating supplies.

As per Tokenomist data, Jito ($JTO) leads with a massive unlock worth $496.71 million, accounting for 103.32% of its circulating supply. Other key tokens include Neon EVM ($NEON), Cardano ($ADA), Taiko ($TAIKO), and Ethena ($ENA). These unlocks have the potential to impact market dynamics significantly, making this week a critical period for investors and analysts alike.

The post Jito and Neon Lead $574M Token Unlock Wave Set for December 2024 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

ENA Price Prediction May 2: $30M Token Unlock Could Drive Short-Term Dip

ENA Price Prediction May 2: $30M Token Unlock Could Drive Short-Term Dip

Ethena’s native token, ENA, is facing significant bearish pressure shaping its price ...
MicroStrategy Reports $4.2 Billion Net Loss in Q1 Despite a 13% Bitcoin Yield

MicroStrategy Reports $4.2 Billion Net Loss in Q1 Despite a 13% Bitcoin Yield

Strategy recently posted its Q1 2025 earnings report, showing over $4.2 billion in ne...