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$389M in Token Unlocks Set to Shake Crypto Markets This Week

  • More than $389 million worth of token unlocks are scheduled to hit the market in the digital asset space this week, causing anticipation of market impact.
  • Major token unlocks include Solayer (LAYER), Ethena (ENA), and Spectre (SPEC), releasing between $6 million and $86 million worth of tokens.
  • These unlocks lead to an abrupt increase in circulating supply, potentially triggering sell-offs from early investors looking to capitalize on profits.
  • Apart from one-time unlocks, there will be daily unlocks from projects like Solana (SOL), Worldcoin (WLD), TRUMP, and Dogecoin (DOGE), adding to the market activity.

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