A Major Token Unlocking Event Approaches
With the onset of winter, we are anticipating a significant unlocking of tokens, potentially putting pressure on prices.
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With the onset of winter, we are anticipating a significant unlocking of tokens, potentially putting pressure on prices.
Concerns linger around DYDX, despite recent positive developments in the
project. On December 1, around 15% of the total DYDX supply, estimated
at ~$482 million, is slated to be unlocked.
This figure represents over 84% of the current circulating supply!
Furthermore, in the near future, we anticipate the unlocking of:
- SUI: Over $40M (8.54% of the current supply);
- OP: Over $41M (2.74% of the current supply);
- 1INCH: Over $33M (9.48% of the current supply).
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