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MainNewsCrypto Marke...

Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week


by Parth Dubey
for CoinEdition
Massive Token Unlockings for Next Week $2.60B to be Released
  • Over 1.94 billion ONDO worth $2.42 billion will be unlocked on January 18th.
  • $69.32 million in ARB will be released on 16th January. 
  • $27.55 million in STRK and $21 million in SEI will hit the market on January 15th.

The crypto market has to prepare itself for a huge dose of sell pressure with $2.6 billion worth of token unlocks scheduled next week. This influx of new tokens could worsen the current market downturn, especially for altcoins: Ondo (ONDO), Arbitrum (ARB), Starknet (STRK), Sei (SEI), ApeCoin (APE), Ethena (ENA), and Echelon Prime (PRIME).

According to Tokenomist on X, 134.21% of ONDO’s circulating supply (1.94 billion tokens) will be released on January 18th, just two days before Trump’s inauguration—an event that many view as a potential turning point for crypto in the United States.

Read also: Crypto Market Dip Creates Value Plays in SUI ENA, HYPE & SOL

On January 16th, 2.20% of Arbitrum’s supply (92.65 million ARB tokens) worth $69.32 million will unlock. This follows the January 15th release of 12.86 million ENA tokens (0.42% of the supply) worth $11.98 million and 64 million STRK tokens (2.65%) valued at $27.55 million. Addi…

The post Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Top Economist Warns of US Economic Meltdown

Top Economist Warns of US Economic Meltdown

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Fear and Greed Stabilizes as Bitcoin Sets the Stage for Crypto’s Next Surge

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The cryptocurrency market is showing signs of a possible bullish wave as several indi...
MainNewsCrypto Marke...

Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week


by Parth Dubey
for CoinEdition
Massive Token Unlockings for Next Week $2.60B to be Released
  • Over 1.94 billion ONDO worth $2.42 billion will be unlocked on January 18th.
  • $69.32 million in ARB will be released on 16th January. 
  • $27.55 million in STRK and $21 million in SEI will hit the market on January 15th.

The crypto market has to prepare itself for a huge dose of sell pressure with $2.6 billion worth of token unlocks scheduled next week. This influx of new tokens could worsen the current market downturn, especially for altcoins: Ondo (ONDO), Arbitrum (ARB), Starknet (STRK), Sei (SEI), ApeCoin (APE), Ethena (ENA), and Echelon Prime (PRIME).

According to Tokenomist on X, 134.21% of ONDO’s circulating supply (1.94 billion tokens) will be released on January 18th, just two days before Trump’s inauguration—an event that many view as a potential turning point for crypto in the United States.

Read also: Crypto Market Dip Creates Value Plays in SUI ENA, HYPE & SOL

On January 16th, 2.20% of Arbitrum’s supply (92.65 million ARB tokens) worth $69.32 million will unlock. This follows the January 15th release of 12.86 million ENA tokens (0.42% of the supply) worth $11.98 million and 64 million STRK tokens (2.65%) valued at $27.55 million. Addi…

The post Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Top Economist Warns of US Economic Meltdown

Top Economist Warns of US Economic Meltdown

US economic meltdown warnings are currently being issued by well-known economist Stev...
Fear and Greed Stabilizes as Bitcoin Sets the Stage for Crypto’s Next Surge

Fear and Greed Stabilizes as Bitcoin Sets the Stage for Crypto’s Next Surge

The cryptocurrency market is showing signs of a possible bullish wave as several indi...