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Token unlockings translate to an increase in the asset's supply, releasing coins from a vesting period including to early investors. Large unlocking events usually lead to price declines due to the supply increase outpacing investor demand for the asset, a study by crypto analytics firm The Tie found earlier this
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The XRP price rallied as recent reports from leading on-chain crypto tracker Whale Alert have revealed that Ripple Labs, the blockchain-based payment
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The XRP price has already been under pressure for the past month, as the future outlook of Ripple is still set to
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September is gearing up to be a pivotal month in the crypto space, with a series of substantial token unlocks for Solana,
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Data aggregated by TokenUnlocks shows that Sui plans to increase its allocation of tokens earmarked for staking subsidies from 967,740 to 1 million SUI, worth around $540,000. At the same time, Hedera will allocate 1.15 billion HBAR, or $64.3 million, split between network governance, purchase agreements and ecosystem development. Source
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AVAX's unlock will be split between the strategic partners, who get 2.25 million, or $24.21 million worth, the Foundation, which gets 1.67 million tokens, the team, which is allocated 4.5 million tokens, or $48.42 million, and airdrop participants which get 1.13 million tokens.0 Original Source
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Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND tokens, which is around 16% of the digital asset’s current circulating supply. The unlocked tokens are worth around $133 million at the time of the unlock. On Aug. 14, The Sandbox proceeded with its scheduled unlock for over
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The iris-scanning cryptocurrency initiative, Worldcoin, has introduced the ability for unverified users to secure their WLD tokens. The Worldcoin project recently revealed that the World App has integrated a reservations feature, simplifying the token reservation process for
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New research by analytics firm The Tie shows coins, on average, declined in the lead-up to the event. However, when the liquidity freed up represented more than 100% of the average daily volume, prices quickly recovered, only to fall deeper within two weeks following the unlock. The firm conducted a
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to the data provided by Token Unlocks, the market for cryptocurrency tokens saw a substantial injection of liquidity this past week that amounted to more than $83.38 million. The liquidity was divided over the
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