Futures
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Gold
One platform for global traditional assets
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Hot
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Introduction to Futures Trading
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Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
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Unlock full access to global stock IPOs
Alpha Points
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I just reviewed this week's unlocks, and there are some quite interesting movements in the market. RED will release nearly 41 million tokens on March 7th, which is no small amount considering it represents more than 16% of its circulation. That's quite a volume to absorb.
But what caught my attention the most is HYPE. Originally, a larger unlock was announced, but in the end, they will only release 173,000 tokens on March 6th, valued at about $5.5 million. It was less than expected, although the impact remains significant. These HYPE movements always generate volatility.
ENA also has its moment on March 2nd with 40 million tokens being released. Less dramatic in percentage terms (0.53% of the supply), but the dollar volume remains considerable.
And I can't forget to mention OP and W. OP releases 19.5 million on March 7th, while W comes with 50 million on the same day. All these concentrated unlocks during that week will significantly move the market dynamics. We will need to watch how each token reacts when these volumes are released.