#Two encryption projects unlocked#

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Hot Topic Overview

Overview

Today, two crypto projects, STRK and ENA, underwent token unlocks. STRK unlocked approximately 64 million tokens, valued at around $27.38 million, representing 0.64% of the total supply. The current circulating supply is 1.36 billion tokens, with a total supply of 10 billion tokens. ENA unlocked approximately 12.86 million tokens, valued at around $10.59 million, representing 0.086% of the total supply. The current circulating supply is 2.08 billion tokens, with a total supply of 15 billion tokens. Investors should closely monitor the market performance following the unlocks as the unlocked tokens could potentially flow into the market and be sold.

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Analysis

Today, two crypto projects, STRK and ENA, underwent token unlocks. STRK unlocked approximately 64 million tokens, worth around $27.38 million, representing 0.64% of the total supply. ENA unlocked approximately 12.86 million tokens, worth around $10.59 million, representing 0.086% of the total supply. Both unlocks could potentially lead to an influx of tokens into the market, triggering selling pressure and impacting their price trends. Investors holding STRK and ENA should closely monitor market movements after the unlocks and proceed with caution.

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Classic Views

Token unlock may lead to a decline in token price.

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The influx of unlocked tokens into the market may increase selling pressure.

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Investors need to pay attention to the market fluctuations after token unlock.

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Token unlock is an important milestone in the development of crypto projects.

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