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This week will bring over $92 million worth of token unlocks across several major projects, according to CryptoRank.
LayerZero’s ZRO leads the pack with a $51.91 million unlock on August 20, representing 2.47% of its supply and more than 22% of its market cap. Kaito’s KAITO follows with $18.50 million unlocking the same day, equivalent to 1.67% of supply.
Other notable unlocks include zkSync’s ZK ($11.10 million), Plume Network’s PLUME ($10.24 million), ApeCoin’s APE ($9.62 million), Caldera’s ERA ($6.89 million), and meme token MELANIA ($4…
The post $92M in Token Unlocks Ahead as Altcoins Confront Rising Wedge Pattern appeared first on Coin Edition.
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