Market Watch: $321M Token Supply Release Could Shake Altcoins
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Over $321 million in crypto tokens are set to unlock from Feb 16–23, including notable cliff unlocks of ZRO, YZY, ARB, and KAITO, alongside linear unlocks of RAIN, SOL, WLD, DOGE, and TRUMP. This significant increase in circulating supply may negatively impact short-term price movements amidst a declining crypto market cap of $2.35 trillion.
- Over $321 million in crypto tokens are scheduled for unlock between Feb 16–23.
- Major cliff unlocks include ZRO, YZY, ARB, and KAITO tokens.
- Linear unlocks led by RAIN, SOL, WLD, DOGE, and TRUMP tokens.
The crypto market is preparing for a major supply event over the next seven days, with more than $321 million worth of tokens scheduled to unlock, according to Tokenomist data. These releases include both large one-time cliff unlocks and gradual linear unlocks, events that traders monitor because increases in circulating supply can influence short-term price movements.
The upcoming token unlocks arrive at a time when the broader crypto market is already under pressure. The total market capitalization has slipped to around $2.35 trillion. Top cryptocurrencies are also trading lower in recent sessions, with Bitcoin near $68,500, Ethereum around $1,970, and XRP close …
Read The Full Article Market Watch: $321M Token Supply Release Could Shake Altcoins On Coin Edition.
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Coins
$ 67.96K
-1.42%
$ 1.98K
-0.77%
$ 1.49
-1.40%
$ 0.101
-5.20%
$ 84.57
-3.05%
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In This News
Coins
$ 67.96K
-1.42%$ 1.98K
-0.77%$ 1.49
-1.40%$ 0.101
-5.20%$ 84.57
-3.05%Share:
Read More
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Market Watch: $321M Token Supply Release Could Shake Altcoins
Share:
Over $321 million in crypto tokens are set to unlock from Feb 16–23, including notable cliff unlocks of ZRO, YZY, ARB, and KAITO, alongside linear unlocks of RAIN, SOL, WLD, DOGE, and TRUMP. This significant increase in circulating supply may negatively impact short-term price movements amidst a declining crypto market cap of $2.35 trillion.
- Over $321 million in crypto tokens are scheduled for unlock between Feb 16–23.
- Major cliff unlocks include ZRO, YZY, ARB, and KAITO tokens.
- Linear unlocks led by RAIN, SOL, WLD, DOGE, and TRUMP tokens.
The crypto market is preparing for a major supply event over the next seven days, with more than $321 million worth of tokens scheduled to unlock, according to Tokenomist data. These releases include both large one-time cliff unlocks and gradual linear unlocks, events that traders monitor because increases in circulating supply can influence short-term price movements.
The upcoming token unlocks arrive at a time when the broader crypto market is already under pressure. The total market capitalization has slipped to around $2.35 trillion. Top cryptocurrencies are also trading lower in recent sessions, with Bitcoin near $68,500, Ethereum around $1,970, and XRP close …
Read The Full Article Market Watch: $321M Token Supply Release Could Shake Altcoins On Coin Edition.
In This News
Coins
$ 67.96K
-1.42%$ 1.98K
-0.77%$ 1.49
-1.40%$ 0.101
-5.20%$ 84.57
-3.05%Share:
In This News
Coins
$ 67.96K
-1.42%$ 1.98K
-0.77%$ 1.49
-1.40%$ 0.101
-5.20%$ 84.57
-3.05%Share:
Read More
Momentum Ignites: Can MUBARAK Extend Its 11% Breakout Into a Stronger Bullish Phase?