During this import week for the crypto industry, over $973 million in crypto will be unlocked. The token unlocks this week are important events as they can trigger buying or selling pressure for the digital assets.
Here are the top token unlocks this week.
On March 5, over 2,062 million ENA tokens will be unlocked, representing almost 66% of the circulating supply. The unlock amount is over $855 million. So far, over 21% of ENA supply has been unlocked, according to data from Tokenomist.
Today, ENA is trading above $0.41, up by over 3% and the coin has a market cap above $1.33 billion. Earlier, ENA traded above $0.47, before a price decline to current levels.
Today, over 38 million SUI tokens are unlocked, or over 1.2% of the circulating supply. The unlock amount is almost $107 million, with over 30% of the total token supply unlocked so far, according to Tokenomist.
SUI is up by over 3% today, trading at $2.96 with a market cap of $9.39 billion.
On March 7, over 26.8 NEON tokens will be unlocked, or 11.2% of the circulating supply. The unlock amount is over $4 million and so far, over 67% of the total supply has been unlocked.
Today, NEON is up by almost 5% and the coin is trading at $0.16, with a market cap of almost $39 million.
On March 7, over 26 million AGI tokens will be unlocked, or over 1.7% of the circulating supply. The unlock amount is over $1.84 million and so far over 47% of the total supply has been unlocked.
Today, AGI is trading at almost $0.07, up by over 1.5% in the last 24 hours with a market cap of $76 million.
Tomorrow, March 4, over 8.6 million IOTA tokens will be unlocked, or 2.24% of the circulating supply. The unlock amount is $1.76 million and so far, almost 74% of the supply has been unlocked.
Today, IOTA price is up by over 12% and the coin is trading above $0.23 with a market cap of $861 million. Earlier, IOTA price surpassed %1.29.
Over 1,312 SPELL tokens will be unlocked on March 8, or 0.83% of the circulating supply. More than $1 million in SPELL will be unlocked and so far. over 59% of the token supply has been unlocked.
Today, SPELL is up by over 3% and the coin has a market cap of over $123 million.
The token is associated with abracadabra.money, a lending platform that uses interest-bearing tokens as collateral to borrow a USD-pegged stablecoin called Magic Internet Money.
On March 6, over 8.3 million CETUS tokens will be unlocked, or over 1.2% of the circulating supply. The unlock amount is $0.98 million and so far over 23% of the token supply has been unlocked.
Today, CETUS is up by over 4% and the coin is trading above $0.12 with a market cap of almost $81 million.
Cetus is a DEX built on Sui and Aptos blockchains.
On March 7, over 8 million HFT tokens will be unlocked, representing over 1.5% of the circulating supply. The unlock amount is $0.74 million and so far, over 61% of the token supply was unlocked.
Today, HSF is up by 4% and the coin is trading at $0.09 with a market cap of over $48 million.
Hashflow Exchange OS is an engine that can turn any exchange into a “provable exchange” which retains the seamless US and performance of a central limit order book and forms the backbone of every centralized exchange while boosting them with the new provable property.
Most of the coins in the crypto market are trading in the green today, following yesterday’s support shown by US President Donald Trump that fueled the 24-hour growth of the market.