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According to the latest data analysis, the crypto assets market is about to迎来 a wave of important token unlocks. This unlock involves multiple projects, among which the unlock scale of ETHENA (ENA) is the most notable.
It is expected that on August 5th, ENA will unlock approximately 172 million Tokens, which accounts for 2.70% of its current circulation, worth nearly $100 million. This will undoubtedly become the focus of market attention, and investors need to closely monitor its potential impact on the ENA price.
Following closely is Immutable's IMX Token, which is scheduled to unlock 24.52 million pieces on August 8, accounting for 1.30%, valued at approximately 12.2 million USD. Movement (MOVE) will also release 50 million tokens on August 9, accounting for 1.89%, with an estimated value of 6.5 million USD.
In addition, projects like Space and Time (SXT), Heroes of Mavia (MAVIA), Spectral (SPEC), RENDER, and IOTA also have various scales of unlocking plans. Among them, the unlocking ratio of MAVIA is relatively high, reaching 23.03%, while the unlocking ratio of SPEC is 17.57%. The unlocking of these two projects may have a significant impact on their short-term prices.
It is worth noting that token unlocks often increase market supply, which can lead to short-term price fluctuations. However, this may also present new opportunities for investors. Market participants should closely monitor these unlocking events, weigh the potential risks and opportunities, and make informed investment decisions.
With the arrival of this wave of unlocks, the cryptocurrency market may experience a period of volatility. How the project teams manage this unlock and how the market digests this new supply will be key factors determining the short-term market direction. Regardless, this large-scale unlock will undoubtedly bring new vitality and opportunities to the market.