Weekly Token Unlocks: AVAX, ROSE, ADA, and More Set for Major Unlocks Worth Over $100M Next Week

Upcoming Token Unlocks: AVAX, ROSE, ADA, and More

According to PANews, several significant token unlocks are set to take place next week. With various cryptocurrencies scheduled for release, investors and enthusiasts should be aware of the impacts these unlocks may have on market dynamics. The following provides detailed information on the expected token unlocks:

Avalanche (AVAX)

On November 18 at 12:00 AM UTC, approximately 1.67 million AVAX tokens will be unlocked, representing 0.41% of the circulating supply. This release is valued at around $61.3 million.

Oasis (ROSE)

Also on November 18 but at 4:00 PM UTC, about 176 million ROSE tokens are set to unlock. This accounts for 2.62% of its circulating supply, equating to a value of about $14.6 million.

Cardano (ADA)

On November 21 at 12:00 AM UTC, around 18.53 million ADA tokens will become accessible. This represents 0.05% of the circulating supply, valued approximately at $13.4 million.

Pixels (PIXEL)

Tokens for Pixels (PIXEL) will be unlocked on November 19 at 10:00 AM UTC, totaling 54.37 million tokens. This significant unlock represents 7.05% of its circulating supply, valued at about $11.4 million.

SPACE ID (ID)

Following that, SPACE ID will have 18.49 million tokens unlocked on November 22 at 12:00 AM UTC. This unlock represents 4.29% of its circulating supply, valued at about $8.3 million.

Ethena (ENA)

Ethena will see the unlocking of approximately 12.86 million tokens on November 21 at 12:00 AM UTC. This unlock will account for 0.45% of its circulating supply, with an estimated value of $7.4 million.

Eigenlayer (EIGEN)

On November 19 at 7:00 PM UTC, approximately 1.29 million EIGEN tokens will be released, representing 0.69% of the circulating supply and valued at roughly $3.2 million.

SKALE (SKL)

SKALE will experience the unlocking of around 55 million tokens on November 20 at 12:00 AM UTC, signifying 1.06% of its circulating supply; the value is around $2.5 million.

Hooked Protocol (HOOK)

Lastly, 4.17 million HOOK tokens will unlock on November 20 at 12:00 AM UTC, which constitutes 2.05% of its circulating supply. This is valued at approximately $1.8 million.

Conclusion

Token unlocks can significantly influence market activity and investor sentiment. It is essential for participants in the cryptocurrency market to stay informed regarding these upcoming unlocks, as they may influence price volatility and trading behaviors. Be sure to monitor these events closely.