Venom (VENOM)
Unlock Date: June 25
Number of tokens to unlock: 59.26 million VENOM (0.74% of total supply)
Current circulation: 2 billion VENOM
Total supply: 8 billion VENOM
The Venom project is developing next-generation digital infrastructure, using dynamic sharding and Mesh network technology to enhance the efficiency and scalability of the blockchain.
On June 25, the project will release 59.26 million VENOM tokens worth $9.9 million. The distribution will be as follows:
17.92 million tokens will be allocated for ecosystem development;
Early investors will receive 15 million tokens;
The community will be allocated 15.8 million tokens;
The project team will receive 10.5 million tokens.
Over the past week, the token price has remained almost unchanged; however, the upcoming unlock may put pressure on the price of VENOM.
