Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Over $46 million worth of tokens to be unlocked this week

Over $46 million worth of tokens to be unlocked this week

HappyCoinNewsHappyCoinNews2024/11/05 11:44
By:HappyCoinNews

In the week from November 4 to November 10, as a result of unlocks, tokens worth more than $46,34 million will enter the crypto market. Smart contract platform based on Solana Neon EVM (NEON) will issue the largest number of coins, with a slightly smaller number released to users Cardano (ADA), Xai (XAI), Ethena (ENA), EigenLayer (EIGEN) and hashflow (HFT).

According to Tokenomist, over $20,85 million in NEON (44,92% of the circulating supply) will be unlocked on November 7. NEON is currently trading at $0,3767, down 3,73% in the last 24 hours and 90,26% from its all-time high of $3,86.

As for ADA, in this case, $6,32 million worth of tokens will enter the market (November 6), XAI will withdraw crypto assets worth $7,14 million (November 9), which is 0,05% and 4,90% of their circulating stocks.

ADA is currently trading at $0,332 with a daily loss of 3,22%, which is 89,28% below its all-time high of $3,10. XAI is trading at $0,1769 with a daily loss of 3,83%, which is 88,92% below its all-time high of $1,60.

In addition to these major unlocks, on November 5th, the EIGEN crypto project will unlock 0,69% of its circulating supply worth $3,57, and a day later, 0,47% of ENA's circulating supply worth $4,73 million will hit the market.

According to CoinMarketCap, ENA is trading at $0,3389, down 8% on the day, putting the token 77,66% below its all-time high of $1,52. HFT is valued at $0,1164, down 0,93% from its all-time high of $2,58; while EIGEN is trading at $2,37, up 24% over the last 2 hours, narrowing the gap from ATH on 47,62%.

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

The Blockchain Group in France raises €8.6M to increase its Bitcoin holdings.

The Blockchain Group in France raises €8.6M to increase its Bitcoin holdings.French Blockchain Company Bets Bigger on BitcoinA Strategic Investment in Digital ValueFrance’s Growing Crypto Confidence

Coinomedia2025/05/21 19:16
The Blockchain Group in France raises €8.6M to increase its Bitcoin holdings.

TAO Set for Major Token Unlock, But Nexchain is Leading the Pre-Bull Run Phase With Huge ICO Raise

While TAO prepares for a supply shock, Nexchain is racing full speed ahead, gaining momentum with each stage of its presale. Its AI-powered Layer-1, 10% gas price incentives, and ultra-fast transaction speeds elevate it to the status of an ecosystem with real-world viability.Nexchain is a lightning-fast, AI-powered Layer-1 that pays you gas rewards.Nexchain Tokenomics: Designed for Long-Term GrowthTAO Token Unlock: $89 Million Supply Set to Hit the MarketFinal Words: Nexchain is Outpacing the AI Pack

Coinomedia2025/05/21 19:16
TAO Set for Major Token Unlock, But Nexchain is Leading the Pre-Bull Run Phase With Huge ICO Raise

Tether Mints $2B USDT on TRON, Tops Ethereum Supply

Tether mints $2B USDT on TRON, pushing its supply above Ethereum. What this shift means for the stablecoin marketTRON Overtakes Ethereum in USDT SupplyWhy Tether Chose TRON for Massive USDT MintingWhat This Means for the Crypto Landscape

Coinomedia2025/05/21 19:16
Tether Mints $2B USDT on TRON, Tops Ethereum Supply