Token Unlocks data shows that many large tokens will be unlocked next week, significantly impacting circulating supply and market value.
Detailed information about the unlocking of tokens for JUP, KMNO, HUMA, and others, along with the percentage of circulating supply, timing, and estimated value, will help investors better understand fluctuations in the cryptocurrency market.
MAIN CONTENT
Jupiter unlocks 53.47 million tokens, equivalent to 1.78% of the circulating supply.
Kamino and Huma have a large number of tokens unlocked, accounting for a significant percentage of the current supply.
The specific timing and market value of each token unlocking session are updated in detail.
Which tokens will be unlocked and what is the specific scale of the unlock?
Jupiter (JUP), Kamino (KMNO), Huma Finance (HUMA), along with many other tokens, will undergo a large-scale unlocking process with a significant number of tokens and a large proportion of the current circulating supply.
Specifically, JUP will unlock 53.47 million tokens, accounting for 1.78% of circulating supply, with an estimated value of about 626 billion VND; KMNO unlocks 229 million tokens, accounting for 6.81% and valued at about 307 billion VND; while HUMA has up to 378 million tokens unlocked, accounting for 23.38% of total circulating supply, valued at approximately 230 billion VND. This data is based on the Token Unlocks source published on August 24, fully updated with timing and market values according to current prices.
When does the token unlocking take place and how does it impact the market?
The unlocking events are scattered from August 25 to 30 this year, with many unlocking sessions in the evening according to Vietnam time to ensure transparency and synchronization.
For example, Venus unlocks 59.26 million tokens at 3 PM on August 25; AltLayer will unlock 240 million tokens on the same day at 5 PM; Sahara AI releases 84.27 million tokens on August 26 at 7 PM; and Renzo is expected to unlock 448 million tokens on August 30 at 6 PM. Each unlocking session carries the potential to adjust the circulating supply, affecting prices and market sentiment.
What is the estimated value of these token unlocks?
According to the data, the estimated total value of unlocked tokens during this period is very large, with Jupiter leading at around 626 billion VND, followed by Kamino at nearly 307 billion VND and Huma at about 230 billion VND.
Other tokens such as Venom, Sophon, AltLayer, Sahara AI, and Renzo will also unlock with corresponding values ranging from 90 billion to 155 billion VND, contributing to an increase in circulating supply in the cryptocurrency market. This is a point investors need to pay attention to in order to forecast short-term and medium-term price adjustment trends.
"Large token unlocks always create an immediate impact on circulating supply, thereby positively or negatively affecting price fluctuations in the cryptocurrency market."
– Cryptocurrency market analyst, Market Report 2024
What do the tokens unlocking next week have in common and what are their differences?
All tokens have unlocking events this time with different percentages of circulating supply, ranging from 1.78% to 23.38%. This reflects the diversity in distribution structure and project scale.
Jupiter has the smallest unlocking ratio but the largest token value, while Huma Finance has the highest unlocking ratio, nearly 1/4 of the circulating supply, indicating a different level of impact on the market. Tokens with high unlocking ratios like KP or SOPH will need to be closely monitored to assess the supply effects.
Frequently asked questions
What is token unlocking and why is it important?
Unlocked tokens are the number of tokens that can be traded after the lock-up period, affecting the circulating supply and potentially impacting cryptocurrency market prices.
How to accurately track the unlocking time of tokens?
Check the specific unlocking schedule announced by the project or credible data reports such as Token Unlocks to help investors prepare in a timely manner.
Does token unlocking negatively affect prices?
Depending on the volume and market sentiment, large unlocks can exert selling pressure and adjust prices in the short term.
How is the value of unlocked tokens calculated?
The value is calculated based on the number of unlocked tokens multiplied by the market price at that time.
Should I buy in when I know about the token unlocking information?
Buying in needs to consider market analysis and trends, avoiding decisions based solely on unlocking information.
Source: https://tintucbitcoin.com/jup-kmno-huma-mo-khoa-lon-tuan-toi/
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