bitcoinea

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One of the things to keep an eye on in crypto is the token unlock calendar.

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On a regular basis, usually more times per week, a portion of the total supply of several tokens is unlocked, which means they become tradable.

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Now there’s a lot of ifs and buts.

But, broadly speaking, these token unlocks generally impact the circulating supply and therefore, potentially, the value.

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There are three major token unlocks this week: ENA, NEON, ZETA, and IMX.

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Let’s start with Ethena (ENA), with 428.38 million tokens, equivalent to $163.75 million and 22.53 percent of the circulating supply, unlocked on October 1st.

Also on October 1st, we’ve got ZetaChain (ZETA), with 1.01 million ZETA set to be unlocked, equivalent to $694.830 or 0.22 percent of the circulating supply.

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Next, we’ve got Neon (NEON).

On October 1, 53.91 million NEON will be unlocked, worth around $20 million and equivalent to a whopping 93.43 percent of the circulating supply.

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Last, Immutabile (IMX), with 32.47 million IMX tokens worth $56.51 million unlocked today, equivalent to 2.02 percent of the circulating supply.

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