Next week, the market will welcome a series of token unlock events from several notable projects. Below is a list of major unlocks along with their rates and corresponding values:
• $ENA: Unlock 3.10% of supply – worth 55.79 million USD
May 5th
• $SPEC: Massive unlock 42.54% – worth 15.42 million USD
May 6th
• $NEON: Unlock 10.83% – worth 3.33 million USD
May 7th
• $GGP: Unlock 9.80% – worth 2.41 million USD
May 6th
• $AGI: Unlock 2.10% – worth 2.35 million USD
May 11th
• $MAVIA: Unlock 10.75% – worth 1.41 million USD
May 6th
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Quick perspective:
• Large unlock events such as $ENA and $SPEC may create short-term selling pressure, especially if they fall into a technical resistance zone.
• Investors should check the vesting schedule and assess previous price reactions during unlocks to make appropriate decisions.
• This is a stage where sell-the-news is likely to occur if demand is weak – especially with newly listed tokens that haven't stabilized their price base.
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Note: Unlocking tokens does not always mean a price drop, but it is still a factor to carefully consider in capital management strategies.