Tokens with a Market Cap of nearly $2.6 billion will be unlocked, and ONDO will unlock a large amount of Circulating Supply, 134% of the Tokens.

ChainNewsAbmedia
RWA0.73%
ONDO4.5%

According to Tokenomist data, a total of $2.6 billion worth of cryptocurrencies will be unlocked from 1/13 to 1/19. Among them, ONDO Token, the leader in the RWA field, accounts for approximately $2.4 billion in token value, which is particularly noteworthy.

From 1/13 to 1/19, it is the week with a significant Token unlock amount since the end of 2024. ONDO released a circulation volume of 130% at once.

According to statistics, Ondo Finance will unlock 1.94 billion ONDO Tokens on 1/18, with a total value of approximately $2.4 billion, which is more than 130% of its current circulating supply of 1.4 billion tokens.

The number of tokens unlocked by ONDO this time far exceeds the current circulating supply of tokens, as well as its daily trading volume of 2.5 to 3 billion US dollars. The amount released exceeds the circulating supply and daily trading volume, which may be accompanied by strong selling pressure. After reaching $2 in December last year, the price of ONDO has been declining all the way to the current $1.2, a 40% decrease in the past 30 days.

In addition to ONDO, this week’s unlocking plan also includes a variety of major Tokens such as ARB, STRK, and SEI. Compared to the total circulation of other unlocked Tokens this week, ONDO clearly has a very exaggerated share.

This article will unlock nearly $2.6 billion worth of Tokens, ONDO will unlock a large amount of circulation by 134% Token first appeared on Chain News ABMedia.

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ChugTugTug0415vip
· 2025-01-18 05:16
All in All in 🙌
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