
$2.6B Worth Token Unlock Set to Shake Crypto Market in January
The cryptocurrency market is gearing up for over $2.6 billion worth of token unlocks, led by Ondo Finance’s $2.42 billion release.
The cryptocurrency market is gearing up for over $2.6 billion worth of token unlocks, led by Ondo Finance’s $2.42 billion release.
Whale activity usually signals upcoming developments.
PEPE meme coin crashed 2.56% in the past day after a super PEPE whale sold a massive 74.07 billion tokens and bought EIGEN tokens worth $200K.
The altcoin market is experiencing volatility as over $500 million worth of tokens are set to be unlocked this week, including $80 million in Worldcoin (WLD).
The Bitcoin and Ethereum price slump in the past 24 hours has forced over $500 million in crypto liquidations.
EigenLayer’s native token, EIGEN, has surged 11% in value since its launch, with a market cap of $769 million.
MEXC will be the first to globally list EigenLayer (EIGEN) for spot and futures trading on October 1, 2024!
EigenLayer’s native token, EIGEN will become transferable after months of lockup in the Stakedrop campaign.
This latest stakedrop comes at a time when EigenLayer has been facing net outflows, which has led to a significant reduction in its TVL.
Hudson Jameson, vice president at Polygon Labs, appreciated Drake’s transparency, along with David Wong, the co-founder of zkSecurity, who termed Drake’s post “next level transparency”.
The Omni network aims to enable use cases including cross-rollup stablecoins and other DeFi primitives that can aggregate liquidity from different Layer 2 rollups.