#Two encryption projects unlocked#
Hot Topic Overview
Overview
Two crypto projects, STRK and ENA, had token unlocks today, releasing approximately 64 million STRK (worth about $27.38 million) and 12.86 million ENA (worth about $10.59 million), respectively. This represents 0.64% and 0.086% of their total supply. As the unlocked tokens flow into the market, there may be a tendency for selling, and investors should pay attention to the price fluctuations after the token unlocks.
Ace Hot Topic Analysis
Analysis
Today, two crypto projects, STRK and ENA, had token unlocks. STRK unlocked approximately 64 million tokens, worth approximately $27.38 million, representing 0.64% of the total supply. ENA unlocked approximately 12.86 million tokens, worth approximately $10.59 million, representing 0.086% of the total supply. Both projects' unlocks could lead to tokens flowing into the market and potentially triggering sell-offs, so investors need to closely monitor the market changes after the token unlocks. STRK's current circulating supply is 1.36 billion tokens, with a total supply of 10 billion tokens. ENA's current circulating supply is 2.08 billion tokens, with a total supply of 15 billion tokens. Token unlocks are an important stage in the development of crypto projects, and they can have a significant impact on token prices. Investors need to carefully assess the risks and opportunities presented by token unlocks and make investment decisions based on their own situations.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Token unlock may lead to increased selling pressure in the market, affecting the price trend.
STRK and ENA have unlock ratios of 0.64% and 0.086% of the total supply respectively, which will have a relatively limited impact on the market.
Investors need to pay attention to the market changes after token unlock and adjust their investment strategies in a timely manner.
Token unlock is a normal phenomenon in the development of cryptocurrency projects, and investors should take a rational view.