The tokens such as ADA, EIGEN, GAL will experience a large one-time unlocking this week
Token Unlocks data reveals that significant amounts of ADA, GAL, EIGEN, and other tokens are set to be unlocked this week, including:
- Cardano (ADA) will unlock approximately 18.53 million tokens at 8 AM Singapore time on October 22, representing 0.05% of the current circulating supply, valued at approximately $6.78 million.
- Galxe (GAL) will unlock approximately 587,000 tokens at 8 AM Singapore time on October 22, representing 0.46% of the current circulating supply, valued at approximately $1.2 million.
- Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens at 3 AM Singapore time on October 23, representing 0.69% of the current circulating supply, valued at approximately $4.8 million.
- Ethena (ENA) will unlock approximately 12.86 million tokens at 3 PM Singapore time on October 23, representing 0.47% of the current circulating supply, valued at approximately $5.3 million.
- Yield Guild Games (YGG) will unlock approximately 14.08 million tokens at 10 PM Singapore time on October 27, representing 3.64% of the current circulating supply, valued at approximately $7.84 million.
Additionally, Fetch.ai (FET) and SingularityNET (AGIX) will also experience various sizes of token unlocks this week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%