The last week of May and the beginning of June is witnessing a series of major token unlock events from many hot projects in the market. Investors should pay special attention to the following time frames as they may cause short-term selling pressure, significantly affecting prices.
🔓 Kamino ($KMNO ) – 30/5/2025
• Unlock amount: 229 million KMNO (accounting for 14.97% of total supply)
• Estimated value: approximately 15.1 million USD
• Impact: This is the largest value unlock in this round. With a project still in its early development stage, profit-taking pressure from seed/early investors could significantly pull down the KMNO price if demand is not sufficient.
🔓 Renzo ($REZ ) – 30/5/2025
• Unlock amount: 423 million REZ (accounting for 16.10% of total supply)
• Estimated value: approximately 5.7 million USD
• Impact: Although the number of tokens unlocked is greater than Kamino, their value is lower. This indicates that REZ is significantly undervalued. However, the unlock ratio of over 16% raises concerns about the potential for dumping.
🔓 ZetaChain ($ZETA) – 1/6/2025
• Unlock amount: 44.26 million ZETA (accounting for 5.34% of total supply)
• Estimated value: approximately 10.9 million USD
• Impact: As one of the prominent LayerZero projects, the unlock of nearly 11 million dollars could significantly affect the sentiment of short-term holders. Especially if ZETA does not have supportive news or new catalysts, the price may face downward pressure.
🔓 dYdX ($DYDX ) – 1/6/2025
• Unlock amount: 8.33 million DYDX (accounting for 1.07% of total supply)
• Estimated value: approximately 5 million USD
• Impact: Although the unlock rate is small, DYDX is a project that already has significant liquidity. Previous unlock events have often had a clear impact on price, so caution is still advised regarding the possibility of selling pressure from the team or early investors.
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🧠 Strategic perspective:
• If you are a long-term holder, this is the time to reconsider expectations and entry points.
• If you are a short-term trader, watch the waves before and after the unlock as this is the time of the strongest volatility.
• Especially, pay attention to volume – price reaction – cash flow on CEX and DEX after the unlock to make better decisions.
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Summary:
Nearly 37 million USD worth of tokens will hit the market in just a few days. This is not a small number, and history has shown that unlock events often come with short-term turmoil. Trade with awareness, do not get swept into FOMO or panic!