Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Crypto Market Expects $2,6 Billion in Tokens to Be Unlocked in January

Crypto Market Expects $2,6 Billion in Tokens to Be Unlocked in January

HappyCoinNewsHappyCoinNews2025/01/11 02:45
By:HappyCoinNews

The crypto market is gearing up for a wave of major token unlocks in early 2025, which will see over $13 billion worth of assets released into circulation between January 19 and 2,6.

Crypto Market Expects $2,6 Billion in Tokens to Be Unlocked in January image 0

The biggest unlock will be carried out by the developers of Ondo Finance - on January 18, 1,94 billion ONDO tokens worth about $2,42 billion will appear on the market. Given that there are currently 1,38 billion ONDO in circulation, and their market capitalization is $1,8 billion, this issue can significantly change the supply and demand ratio of the digital asset.

On January 16, 2,2% of the total token supply will appear on the market Arbitum , which are currently valued at $69,32 million. On the same day, STRK tokens worth $27,55 million, SEI and ENA Ethena tokens worth $21,06 million and $11,98 million, respectively, will be unlocked.

Other major unlocks coming next week include: apecoin APE ($17,32 million), Echelon Prime PRIME ($10,07 million), CLOUD ($8,28 million), PIXEL ($7,68 million), and EIGEN ($4,16 million).

The next major token unlock will not take place until mid-March 2025.

Token unlock events often create both opportunities and challenges. The influx of large amounts of cryptocurrency leads to price volatility and usually results in a decline in the rate. This is due to investors selling them to make a profit or minimize losses.

EN @happycoinnews
EN @happycoinnews_en
0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ChatGPT’s head of product to testify in the DOJ’s antitrust case against Google

Share link:In this post: ChatGPT’s head of product, Nick Turley, has been added as a witness for the United States Department of Justice (DOJ) in its antitrust case against Google. Nick Turley is the latest addition to the witness list that features representatives from Perplexity and Microsoft. Google ramps up preparation for Turley’s testimony by asking for documents related to the hearing from OpenAI through a subpoena.

Cryptopolitan2025/01/18 16:01

SEC charges New York blockchain engineer over GME rug pull fraud

Share link:In this post: Eric Zhu settled SEC fraud claims for orchestrating a rug pull scheme involving Game Coin. Zhu allegedly misappropriated $553K by moving unlocked liquidity provider tokens to his control. The case marks one of SEC Chair Gary Gensler’s final enforcement actions.

Cryptopolitan2025/01/18 16:01

Analyst Points to the Next Target on the Horizon After the Surge in Bitcoin: “If This Place Is Breached, The Next Stop Could Be 128 Thousand Dollars”

A crypto analyst has spoken about the next target for Bitcoin’s price after its recent rally. Here are the details.

Bitcoinsistemi2025/01/18 14:00