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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

Safello Boosts TAO Holdings as Institutions Expand Crypto Treasuries

Safello Boosts TAO Holdings as Institutions Expand Crypto Treasuries

A leading Nordic crypto exchange, Safello, has increased its exposure to TAO, the nat...
Why The Next Altcoin Season Could Be the Biggest Ever

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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

Safello Boosts TAO Holdings as Institutions Expand Crypto Treasuries

Safello Boosts TAO Holdings as Institutions Expand Crypto Treasuries

A leading Nordic crypto exchange, Safello, has increased its exposure to TAO, the nat...
Why The Next Altcoin Season Could Be the Biggest Ever

Why The Next Altcoin Season Could Be the Biggest Ever

The crypto industry has been buzzing about the speculation of the new altcoin season ...