**Crypto Market News: $312M in Token Unlocks to Hit ENA, SOL, and DOGE This Week**
This week, the crypto market is set to experience significant token unlocks totaling over $312 million. As previously locked tokens enter circulation, traders and investors should brace for potential short-term volatility across several altcoins.
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### Major One-Time Unlocks Above $5 Million
Several tokens will undergo substantial one-time unlocks this week, each exceeding $5 million in value. Notable among these are:
– **ENA (Ethena):** $63.05 million worth of tokens (2.52% of supply)
– **MEME:** $5.22 million (5.98%)
– **MOVE:** $3.37 million (1.82%)
– **BB:** $3.07 million (3.85%)
– **RED:** $1.78 million (2.40%)
– **SXT:** $1.28 million (1.15%)
– **[Token name missing]:** $1.15 million (16.92%)
The largest unlock this week belongs to Ethena (ENA), with over $63 million in tokens set to enter the market. Given ENA’s relatively small circulating supply, this unlock could attract significant trader attention.
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### Large Linear Unlocks to Watch
In addition to one-time releases, several tokens will experience linear unlocks exceeding $1 million per day. This gradual release spreads new supply over the week and includes major cryptocurrencies such as Solana (SOL) and Dogecoin (DOGE):
– **SOL (Solana):** $92.20 million (0.09% of supply)
– **TRUMP:** $36.68 million (2.45%)
– **WLD (Worldcoin):** $30.84 million (1.64%)
– **DOGE (Dogecoin):** $17.82 million (0.06%)
– **AVAX:** $12.96 million (0.16%)
– **ASTER:** $12.34 million (0.51%)
– **TAO:** $12.17 million (0.26%)
– **IP:** $9.84 million (0.72%)
– **ETHFI:** $8.34 million (1.51%)
Solana’s $92 million unlock is the largest single value this week. However, since it constitutes just 0.09% of its circulating supply, it may have a limited impact on price.
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### Market Outlook
Token unlocks often lead to increased selling pressure in the short term, especially when the unlocked amounts are significant relative to a token’s circulating supply. Nevertheless, the overall effect will hinge on current market sentiment and liquidity.
With over $312 million worth of tokens set to enter the market this week, volatility is likely across affected assets—particularly ENA, MEME, and WLD, which have smaller liquidity pools.
If institutional and retail demand remains steady, much of this new supply could be absorbed without causing major disruptions to prices.
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Stay tuned for further updates and market insights as these unlocks unfold throughout the week.
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