Golden Finance launches the 2537th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceTrump, airdrop, Bankless Weekly Review: Trump DeFi project WLFI is about to issue tokens. Golden Finance, Bankless summarized the major events of the past week.
JinseFinanceThis week, the unlocking scale and value of The Sandbox, Arbitrum and Aptos were large, corresponding to unlocking values of approximately US$52 million, US$51 million and US$66 million, respectively, which may have a certain impact on market liquidity and prices.
JinseFinanceThis week, there are large unlocking of tokens including APT, CRV, SAND, CYBER, STRK, RENDER, etc.
JinseFinanceWintermute's strategic accumulation of ARB tokens ahead of the unlock indicates a potential profit-seeking move amidst market fluctuations.
SanyaIt seems ApeCoin (APE) had a recent surge in price after a bearish trend, but there's apprehension about an impending token unlock that might impact its trajectory. Despite a rebound and current trading at $1.38 with a market cap over $507 million, the release of 15.6 million tokens, valued at $22 million, raises concerns for investors. Historically, APE has seen price drops post-unlocks, adding uncertainty. Market data shows declining floor prices in Bored Ape Yacht Club (BAYC), possibly indicating similar trends for APE. While some indicators suggest a positive outlook with decreased supply on exchanges and positive money flow trends, caution prevails amid the uncertainty around the unlock's impact on APE's performance.
EdmundAptos (APT) defies bearish expectations, soaring 20% after releasing $200 million worth of tokens. Strong partnerships and investor trust contribute to its impressive resilience.
Huang BoBlockchain security experts are raising concerns about the Safereum project's developers, who have reportedly sold off a significant amount of their native token after the project successfully concluding a $600,000 fundraising campaign.
AaronThe unlock, scheduled for mid February, will release 12% of the token’s supply.
OthersOver 25 million APE tokens will be released to launch contributors, representing nearly 8% of the circulating supply.
Coindesk