The token unlock, which will take place on Wednesday, will release almost 196 million tokens, representing nearly 40% of the currently circulating supply, according to data from CoinGecko and Token Unlocks. When this $62 million of tokens are released, owners of BLUR will get greater autonomy over their holdings, gaining the ability to sell or swap.
Related posts
-
Bitcoin Market Leverage and Coinbase Premium: What Recent Data Reveals
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is... -
What Lies Ahead For ETH?
Este artículo también está disponible en español. Due to yesterday’s crypto market rout, Ethereum (ETH) has... -
Why Crypto Market’s Dip Isn’t the End of the Bull Market?
Are the recent liquidations and falling prices setting the stage for a longer crypto winter, or...