Unlock Events Set to Influence Market Trends

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Cointime2023/12/01 20:33

By:Cointime

Investors are closely watching a series of token unlock events set to release a substantial value of assets into circulation, with ImmutableX, 1INCH, and dYdX leading the charge with unlocks totaling $105 million. ImmutableX is set to release 37.49 million IMX tokens, while 1INCH is preparing for an unlock of 81.06 million tokens, and dYdX will unlock assets valued at $24.8 million. Other notable unlocks include SUI, Axelar, Orbler, Skale, Hedera, Vulcan Forged, Aurora, StakeWise, Solend, Santos FC Fan Token, Ondo Finance, Hooked Protocol, Orbs, and Biconomy. These events often bring a mix of anticipation and caution within the crypto market, with investors and traders closely watching their potential impact on individual asset prices and the broader market.

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Share link:In this post: Cardano has deployed its first zero-knowledge smart contract on the mainnet through the use of the Halo 2 zkSNARKs. The technology allows for secure and private verification of computations with the help of the network without disclosing sensitive information. ADA recently crossed the $1 level and went as high as $1.15 before a 17% drop.

Cryptopolitan•2024/11/27 03:33