Token Selloffs Ahead of Token Unlocks
This is a Ethena news story, published by CoinGape, that relates primarily to ZetaChain news.
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massive token unlocksCoinGape
•Here’s an overview of tokens traders should sell as price risks drop ahead due to supply increase
60% Informative
The crypto universe is set to witness a shift in market sentiments surrounding 13 coins.
Sui, Optimism, Immutable, ZetaChain , dydx, Maverick Protocol , Cardano, Ethena , Galxe , Manta Network , Liquity, 1inch , and Forta .
Market watchers are taking a bearish stance on these assets’ price action ahead, urging a selloff sentiment for them across the broader market.
In the coming week , 13 crypto tokens stand poised to witness a massive supply surge due to token unlocks.
Galxe GAL price dipped nearly 3% today to trade at $ 2.37 .
Manta Network MANTA is readying for an unlock of 3.07 million coins, worth $3 million , on September 30 .
1INCH price today traded at $ 0.304 , down roughly 1% in the past 24 hours .
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