Mintlayer (ML) Token Unlock Approaching—Heightened Price Volatility Risk

ML
ML
-2.93%

On-chain data indicates that the Web3 project Mintlayer (ML) will undergo a token unlock on November 16, 2024, at 08:00 UTC. Approximately 9.91 million ML tokens will be released during this event, with a total value of around $1.2 million based on current market prices. The unlocked tokens represent about 6.28% of the current circulating supply, marking a relatively large-scale unlock. Investors should closely monitor the potential market volatility resulting from this event and implement prudent risk management strategies when trading. As the native token of a next-generation blockchain project, ML’s price performance warrants ongoing attention.

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24hour-high
$0.02156
24hour-volume
$36.03K
alltime-high
$0.9998
alltime-low
$0.01585
market-cap--f
33.88%
fdv
$11.50M
24hour-low
$0.01894
market-cap
$7.66M
circulating-s
203.27M ML
total-supply
400.00M ML
max-supply
600.00M ML
market-sentim
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