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Cryptocurrency News Articles
Top Three Tokens Releasing From Their Vesting Period in the Next 24 Hours
Sep 16, 2024 at 01:09 pm
In the dynamic world of cryptocurrency, token unlocking events often create waves of excitement and speculation. Multiple crypto tokens are going to be released from their vesting period in the next 24 hours. This is a crucial moment for investors to pay attention as these unlockings can influence market dynamics.
Multiple crypto tokens are set to be released from their vesting period in the next 24 hours. Here's a closer look at the top three tokens that will be unlocking from their respective lockups.
1. SuperRare (RARE) Token Unlocking
NFT platform SuperRare's (CRYPTO: RARE) token, valued at $0.1337, has seen a price decrease of 12.10% in the last 24 hours. Despite this, the token's market volume has surged by 25.69%.
Out of a total supply of 1 billion RARE tokens, SuperRare unlocks 1.33% of the maximum supply on the 17th of every month. Currently, there are 718 million tokens in circulation. In the next 24 hours, an additional 13.34 million tokens will enter circulation.
Of the unlocked tokens, SuperRare Labs will receive 7.08 million, while the community treasury will get 6.25 million.
2. Nuklai (NAI) Token Unlocking
Built on the Ethereum (CRYPTO: ETH) blockchain, L1 project Nuklai aims to revolutionize data collaboration, sharing and monetization. In collaboration with the Filecoin Foundation, Nuklai is creating a decentralized archive of global data.
The project token, trading at $0.002791 with a market cap of $2.8 million, saw a price increase of 1.08% in the last 24 hours. However, the token's trading volume rose by 15.18%.
With a total supply of 10 billion, Nai token will undergo a strategic unlock. In the next 24 hours, 4.01% of the total supply, or 401.28 Nai, will unlock under 10 different allocations.
3. MerlinStarter (MSTAR) Token Unlocking
As the first native launchpad on Merlin L2, MerlinStarter acts as an accelerator for Bitcoin (CRYPTO: BTC) layer 2 projects. It not only provides projects with the IDO launchpad but also guides the projects through their critical initial development stages.
With a slight rise of 0.21% in the last 24 hours, MSTAR is trading at $0.01517. Of the total supply of 1 billion tokens, 139 million are currently in circulation, with the remaining tokens set to be unlocked over 20 months.
These tokens are released gradually to maintain market liquidity and provide opportunities for investors and traders. It's important to note that this article is not intended to provide financial advice and investors are advised to conduct their own research before making any decisions.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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