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CoinGape

CoinGape

Massive token unlocks for 15 coins nears, raising investor concerns globally

CoinGape
Summary
Nutrition label

63% Informative

Token unlocks refer to a phenomenon wherein the market supply for an asset increases.

Nearly $300 M worth of tokens are set to be released into the market over the coming week .

15 coins that are to witness this phenomenon are APT , ARB , EIGEN , EigenLayer , Axie Infinity ( AXS ), Starknet (STRK), Taiko (TAIKO), Cardano ( ADA ), ApeCoin (APE), Render (RENDER), Ethena (ENA), CYBER, Astar (ASTR), Forta (FORT).

ApeCoin is to face an unlock of 15.60 million APE, worth $11.02 million , as of October 17 .

Render Network Render stands primed to experience an.

unlock of 492.13 K RENDER,.

worth $2.61 million .

Ethena readies to face a unlock of 12.86 million ENA , worth.

$3.61million ENA as of Oct. 16 .

VR Score

52

Informative language

46

Neutral language

62

Article tone

formal

Language

English

Language complexity

20

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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