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Top Token Unlocks This Week: KAS, EIGEN, ENA, MOVE, OP, APT
January 5, 2025 – The cryptocurrency market is poised to witness a series of significant token unlocks in the coming days. Some notable unlock events include Kaspa (KAS), Eigen (EIGEN), Ethena (ENA), MOVE, Optimism (OP), and Aptos (APT).
First off, Kaspa (KAS) has already unlocked 34.15% of its supply, with an additional 2.03% set to be released on January 9th, 2025. This token has a maximum supply of 10 billion KAS, making it essential for investors to monitor its performance in the near future.
Eigen (EIGEN) is another notable unlock candidate. It’s important to note that Eigen does not have a fixed maximum supply, but its current circulation is at 245 million EIGEN.
In addition to these tokens, the team behind Ethena (ENA) announced an upcoming token unlock event scheduled for January 9th, 2025, which will see 20% of the token’s total supply released. ENA currently has a fixed maximum supply and a current circulation of 155 million ENA.
MOVE, an additional unlock candidate, holds around $49.66M worth of MOVE tokens corresponding to approximately 2.22% of its entire circulation supply. The event is set to take place on January 9th, 2025.
Optimism (OP) has a maximum supply of 10 billion OP and will unlock nearly 50 million OP, valued at $49.66M, on the same date as MOVE’s unlock event.
Last but not least, Aptos (APT), an Ethereum-based project, is scheduled to release 2.03% of its entire circulation worth $112.31M by January 11th, 2025.
Based on technical indicators such as the Relative Strength Index and Moving Average Convergence Divergence, some coins like Kaspa (KAS), Eigen (EIGEN), Ethena (ENA), MOVE, Optimism (OP), and Aptos (APT) demonstrate promising bullish trends.
Source: cryptotale.org
