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Upcoming Token Unlocks for ADA, GAL, EIGEN, ENA, and YGG

20/10/2024 20:33

According to PANews, significant token unlocks are scheduled for next week for Cardano (ADA), Galxe (GAL), Eigenlayer (EIGEN), Ethena (ENA), and Yield Guild Games (YGG). These events are expected to impact the circulating supply and market value of these tokens. Cardano (ADA) will unlock approximately 18.53 million tokens on October 22 at 08:00 UTC+8. This represents 0.05% of its current circulating supply, valued at around $6.5 million. On the same day and time, Galxe (GAL) will unlock about 587,000 tokens, which is 0.46% of its circulating supply, worth approximately $1.2 million. Eigenlayer (EIGEN) will unlock around 1.29 million tokens on October 23 at 03:00 UTC+8. This accounts for 0.69% of its circulating supply, valued at about $4.8 million. Later that day, Ethena (ENA) will unlock approximately 12.86 million tokens at 15:00 UTC+8, representing 0.47% of its circulating supply and valued at around $5.1 million. Finally, Yield Guild Games (YGG) will unlock about 14.08 million tokens on October 27 at 22:00 UTC+8. This constitutes 3.64% of its circulating supply, with an estimated value of $8 million.

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