Token

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Ethena

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<ul class="news-points">
 <li>Crypto tokens worth $129.87 million to be unlocked next week.</li>
 <li>SUI, IO, and DYDX lead the list of tokens set for release.</li>
 <li>The unlock could increase liquidity and trading but may also pressure prices.</li>
</ul>
The crypto market is bracing for a potential shakeup as $129.87 million worth of digital tokens are set to be released from their lock-up periods next week. This “cliff unlock” event could significantly impact token prices and trading activity, creating both opportunities and risks for investors.
An analysis by the tracking platform Token Unlocks <a href="https://x.com/Token_Unlocks/status/1806522931889226044" target="_blank" rel="noopener noreferrer nofollow">highlights the following</a> tokens:
<ul>
 <li>Leading the pack is the smart contract platform token SUI which will unlock 2.65% of its circulating supply, equating to a massive $53.9 million.</li>
 <li>Following closely is Solana-based DePIN project $IO which will see 7.89% of its circulating supply released, amounting to $28.5 million.</li>
 <li>Ethereum-based ERC-20 token DYDX is set to release 3.12% of its circulating supply, DYDX will unlock $11.92 million worth of tokens.</li>
 <li>A significant 14.56% of DeFi token $MAV’s circulating supply will be unlocked, translating to $10.04 million.</li>
 <li>Ethena network’s ENA token is slated to unlock a small…</li>
</ul>
The post <a href="https://coinedition.com/investors-eye-129m-crypto-token-unlock-opportunity-or-risk/" rel="noopener noreferrer nofollow">Investors Eye $129M Crypto Token Unlock: Opportunity or Risk?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Investors Eye $129M Crypto Token Unlock: Opportunity or Risk?

Coin Edition

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