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Crypto Tsunami: $100 Million Token Unlock Wave Hits ZRO, XPL, and MBG Next Week

8d ago
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  • $42.42 million worth of ZRO (LayerZero) will unlock, representing 23.13% of its circulating supply
  • XPL will unlock $35.19 million worth of tokens, while MBG will unlock $17.23 million worth of tokens
  • Token unlocks are notable considering that the sudden influx of such a large volume of tokens into the open market could create big selling pressure

Market analytics company Tokenomist has highlighted a substantial token unlock event scheduled for next week, involving digital assets with a combined value exceeding $100 million.

Out of those assets, three tokens bring the most attention. These include unlocks of:

  • $42.42 million worth of ZRO (LayerZero), representing 23.13% of its circulating supply
  • $35.19 million in XPL (Plasma), accounting for 4.94% of its circulation
  • $17.23 million in MBG (MultiBank Group), making up 19.01% of its supply

Tokenomist has c…

Read The Full Article Crypto Tsunami: $100 Million Token Unlock Wave Hits ZRO, XPL, and MBG Next Week On Coin Edition.

8d ago
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bearish:

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