#Two encryption projects unlocked today.#

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Overview

Two crypto projects, STRK and ENA, had token unlocks today. STRK unlocked approximately 64 million tokens, representing about 0.64% of its total supply, with an estimated value of $27.38 million. ENA unlocked approximately 12.86 million tokens, representing about 0.086% of its total supply, with an estimated value of $10.59 million.The unlocked tokens entering the market could potentially lead to selling pressure. Investors should pay attention to market fluctuations after the token unlocks.

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Analysis

Today, two crypto projects, STRK and ENA, will undergo token unlocks, releasing approximately 64 million STRK (worth around $27.38 million) and 12.86 million ENA (worth around $10.59 million), respectively. The unlocked STRK tokens represent 0.64% of the total supply, while the unlocked ENA tokens represent 0.086% of the total supply. After the unlock, the circulating supply of STRK will reach 1.36 billion, and the circulating supply of ENA will reach 2.08 billion. As unlocked tokens may flow into the market and potentially trigger sell-offs, investors should closely monitor market movements after the unlocks and take appropriate measures to manage risks.

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Classic Views

Token unlocking may lead to market sell pressure, affecting the price trend.

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STRK and ENA have unlocking ratios of 0.64% and 0.086% of the total supply respectively, with limited impact on the market.

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Investors should closely monitor the market fluctuations after token unlocking and adjust their investment strategies accordingly.

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Token unlocking is a normal phenomenon in the development of crypto projects and should not be overly feared.

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