#Two encryption projects unlocked today#
Hot Topic Overview
Overview
Two crypto projects, STRK and ENA, had token unlocks today, unlocking approximately 64 million and 12.86 million tokens, respectively. These unlocks are valued at approximately $27.38 million and $10.59 million, representing 0.64% and 0.086% of their total supply, respectively. The influx of unlocked tokens into the market may create selling pressure, leading to price fluctuations. Holders of STRK and ENA should be aware of market developments.
Ace Hot Topic Analysis
Analysis
Today, two crypto projects, STRK and ENA, will have token unlocks. STRK will unlock approximately 64 million tokens, representing about 0.64% of the total supply, worth around $27.38 million. The current circulating supply is 1.36 billion tokens, with a total supply of 10 billion tokens. ENA will unlock approximately 12.86 million tokens, representing about 0.086% of the total supply, worth around $10.59 million. The current circulating supply is 2.08 billion tokens, with a total supply of 15 billion tokens. Token unlocks mean these tokens will be released into the market, allowing holders to freely trade them. As unlocked tokens may be sold, this could negatively impact token prices, so investors should closely monitor the market after the unlock.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Token unlocks could lead to selling pressure in the market, affecting the price trend.
STRK and ENA's unlock ratios are 0.64% and 0.086% of the total supply, respectively.
STRK unlocks approximately 64 million tokens, worth about $27.38 million.
ENA unlocks approximately 12.86 million tokens, worth about $10.59 million.