Major Token Unlocks Set For Next Week, Sum Total Around $400 Million
Information gathered from Token Unlocks shows that there will be remarkable unlocking of tokens by next week, including ENA, OP, and MEME. It's calculated that all these token unlocks will sum up to about $400 million in value.
Optimism (OP) will be unlocking about 2.31% of the supply circulating, which is approximately 24.16 million tokens, worth about $56 million. Sui (SUI) is set to be unlocking about 0.31% of the supply circulating, which is approximately 4 million tokens, worth about $4.68 million.
Echelon Prime (PRIME) is set to unlock about 4.43% of the supply in circulation, which is approximately 1.66 million tokens, worth about $30 million. dydx (DYDX) is set to unlock about 10.72% of the supply in circulation, which is approximately 33.33 million tokens, worth about $71 million.
Ethena (ENA) is set to unlock about 3.76% of the supply in circulation, which is approximately 33.33 million tokens, worth about $44 million. Memecoin (MEME) is set to unlock about 31.94% of the supply in circulation, approximately 53.1 billion tokens, worth about $150 million.