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MainNewsCrypto Marke...

Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week


by Parth Dubey
for CoinEdition
Massive Token Unlockings for Next Week $2.60B to be Released
  • Over 1.94 billion ONDO worth $2.42 billion will be unlocked on January 18th.
  • $69.32 million in ARB will be released on 16th January. 
  • $27.55 million in STRK and $21 million in SEI will hit the market on January 15th.

The crypto market has to prepare itself for a huge dose of sell pressure with $2.6 billion worth of token unlocks scheduled next week. This influx of new tokens could worsen the current market downturn, especially for altcoins: Ondo (ONDO), Arbitrum (ARB), Starknet (STRK), Sei (SEI), ApeCoin (APE), Ethena (ENA), and Echelon Prime (PRIME).

According to Tokenomist on X, 134.21% of ONDO’s circulating supply (1.94 billion tokens) will be released on January 18th, just two days before Trump’s inauguration—an event that many view as a potential turning point for crypto in the United States.

Read also: Crypto Market Dip Creates Value Plays in SUI ENA, HYPE & SOL

On January 16th, 2.20% of Arbitrum’s supply (92.65 million ARB tokens) worth $69.32 million will unlock. This follows the January 15th release of 12.86 million ENA tokens (0.42% of the supply) worth $11.98 million and 64 million STRK tokens (2.65%) valued at $27.55 million. Addi…

The post Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Bounces to $102K but Crypto Market Tensions Remain (Market Watch)

Bitcoin Bounces to $102K but Crypto Market Tensions Remain (Market Watch)

Bitcoin managed to erase some of the losses but the broader cryptocurrency market rem...
Altcoin Season Index Drops to Lowest Point in Two Years: Here’s What History Tells Us

Altcoin Season Index Drops to Lowest Point in Two Years: Here’s What History Tells Us

The Altcoin Season Index dropped to 13 this June, its lowest point in two years, sign...
MainNewsCrypto Marke...

Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week


by Parth Dubey
for CoinEdition
Massive Token Unlockings for Next Week $2.60B to be Released
  • Over 1.94 billion ONDO worth $2.42 billion will be unlocked on January 18th.
  • $69.32 million in ARB will be released on 16th January. 
  • $27.55 million in STRK and $21 million in SEI will hit the market on January 15th.

The crypto market has to prepare itself for a huge dose of sell pressure with $2.6 billion worth of token unlocks scheduled next week. This influx of new tokens could worsen the current market downturn, especially for altcoins: Ondo (ONDO), Arbitrum (ARB), Starknet (STRK), Sei (SEI), ApeCoin (APE), Ethena (ENA), and Echelon Prime (PRIME).

According to Tokenomist on X, 134.21% of ONDO’s circulating supply (1.94 billion tokens) will be released on January 18th, just two days before Trump’s inauguration—an event that many view as a potential turning point for crypto in the United States.

Read also: Crypto Market Dip Creates Value Plays in SUI ENA, HYPE & SOL

On January 16th, 2.20% of Arbitrum’s supply (92.65 million ARB tokens) worth $69.32 million will unlock. This follows the January 15th release of 12.86 million ENA tokens (0.42% of the supply) worth $11.98 million and 64 million STRK tokens (2.65%) valued at $27.55 million. Addi…

The post Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Bounces to $102K but Crypto Market Tensions Remain (Market Watch)

Bitcoin Bounces to $102K but Crypto Market Tensions Remain (Market Watch)

Bitcoin managed to erase some of the losses but the broader cryptocurrency market rem...
Altcoin Season Index Drops to Lowest Point in Two Years: Here’s What History Tells Us

Altcoin Season Index Drops to Lowest Point in Two Years: Here’s What History Tells Us

The Altcoin Season Index dropped to 13 this June, its lowest point in two years, sign...