[Weekly Token Unlock] $660 Million Unlocked This Week… ENA, JTO, NEON Waiting
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Token Unlock is a process where tokens that have been locked up for a certain period are released into the market. The unlock event can cause an increase in supply, expanded liquidity, and increased selling pressure, which can be a critical variable in token price volatility and market sentiment. Especially when the unlock ratio is high relative to market capitalization or a large number of tokens are released in a short period, the possibility of price adjustment increases, requiring proactive response. This article summarizes the token unlock schedule and details planned for this week for reference in investment decisions. [Editor's Note]
According to CryptoRank, a total of $665.14 million in token lockups will be released from June 2nd to 8th this week. The largest amounts are scheduled to be released on the 7th ($345.03 million) and 5th ($89.40 million).
Tokens with a market capitalization over $100 million scheduled for unlock during this period include ENA, HONEY, BIO, GAL, JTO, and SXT.
The article then provides a detailed breakdown of token unlock schedules by date, highlighting key tokens like ENA, JTO, and NEON with their respective unlock amounts and percentages relative to market capitalization.
It also covers domestic new listing unlock schedules and TGE (Token Generation Event) unlock schedules for various tokens.
The article concludes by discussing VC (Venture Capital) token unlocks, noting that while these provide opportunities for long-term project growth and investor profit realization, they can also create selling pressure.
[This article does not provide financial advice, and the investment results are the sole responsibility of the investor.]
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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