Token unlocks scheduled for this week range from $56.45 million in ADI to $2.90 million in LINEA. KGEN’s $9.25 million unlock is the largest relative to market size, equal to 29.1% of its market cap.
Why it matters
Unlocks make previously restricted tokens available to their recipients. The scale of KGEN’s release relative to its market cap stands out, and the allocations are for its team and advisers and for investors after a cliff.
Market impact
The listed unlock values are $56.45 million for ADI, $42.35 million for ENA, $23.68 million for STABLE, $9.25 million for KGEN, $6.38 million for JTO, $3.10 million for DOS and $2.90 million for LINEA. Unlocks add potential supply, but the schedule alone does not establish whether recipients will sell.
Source: [source](http://telegraph.controller.bot/files/8336652911/AgACAgIAAxkBAAJTuGrDxrQZ5x3_z-cl4s-2FgAB8_6tYQACsiNrG_y_IUpTfpVxc8U4iwEAAwIAA3kAAz0E?sig=LEMQ8fRO_y1XhTmPoReshFPt26IC3vp7VZnosYfbKq8)
Frequently asked questions
-
Which token has the largest unlock relative to market cap this week?
KGEN has the largest relative unlock, at $9.25 million, equal to 29.1% of its market cap.
-
Which token has the largest unlock by dollar value?
ADI leads the week by dollar value, with $56.45 million scheduled to unlock.
-
What allocations make up KGEN’s unlock?
KGEN’s release includes allocations for its team and advisers and for investors after the cliff.
-
How much ENA and STABLE is scheduled to unlock?
The scheduled unlock values are $42.35 million for ENA and $23.68 million for STABLE.
-
Does a token unlock mean recipients will sell?
No. An unlock makes previously restricted tokens available, but the schedule alone does not establish whether recipients will sell.
CryptoSlate
Whale Alert
WuBlockchain
WatcherGuru