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Attention: major ZRO, KAITO, and SOON unlocks this week!
According to Token Unlocks, four projects will simultaneously unlock tokens worth more than $30 million this week.
Details for each project:
🔹 LayerZero (ZRO) — August 20, unlock of 25.71 million ZRO (~$19.39 million), accounting for 4.4% of the current circulating supply. The event will take place at 7 PM UTC.
🔹 Kaito (KAITO) — August 20, unlock of 32.6 million KAITO (~$11.48 million), accounting for 7.63% of the circulating supply. The event will take place at 8 PM UTC.
🔹 SOON (SOON) — August 23, unlock of 20.24 million SOON (~$3.85 million), accounting for 3.76% of the circulating supply.
🔹 MBG By Multibank Group (MBG) — August 22, unlock of 27.15 million MBG (~$2.85 million), accounting for 6.16% of the circulating supply.
What does this mean for the market?
Large unlocks often create increased volatility — the influx of tokens into circulation may put pressure on prices in the short term. KAITO deserves particular attention — its unlock of 7.63% of the circulating supply is the highest among all projects this week.
Nevertheless, unlocks are a planned part of project tokenomics, and their long-term impact depends on fundamental indicators and market demand.
Keep an eye on the charts and manage your risks! 📊