CandleFocus 5 Token Unlocks to Watch Next Week
2024-10-27
Author: Content Editor
The article discusses five major token unlocks scheduled for the following week in the crypto market. Celestia, an upcoming release of 175.56 million TIA tokens, has raised concerns due to potential selling pressure. Optimism will increase its circulating supply by 31.34 million OP tokens, while Sui will release a large portion of tokens for various purposes. Immutable will unlock 32.47 million IMX tokens for the project's development, and ZetaChain will release nearly 54 million ZETA tokens for various initiatives. The article also mentions smaller token unlocks including DYDX, GAL, ADA, and ENA. Token unlocks can impact token prices but are seen as potential drivers for a project's long-term success.
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