ZRO and KAITO tokens to face a major unlock worth $19.9 million next week

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ZRO
$0.77640.25%
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KAITO
$0.3388-3.39%
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SOON
$0.20255.68%
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On-chain news reveals major token unlocks coming for ZRO, KAITO, SOON, and MBG. LayerZero (ZRO) will unlock 25.71 million tokens on August 20 at 7 PM UTC+8, valued at $19.9 million. KAITO will follow with 32.6 million tokens, worth $11.5 million. SOON and MBG will unlock on August 23 and August 22, respectively, with inflation data indicating circulation impacts of 3.76% and 6.16%.

According to ME News, on August 16 (UTC+8), Token Unlocks data shows that significant token unlocks are scheduled for next week for ZRO, KAITO, SOON, and others, as follows: LayerZero (ZRO) will unlock approximately 25.71 million tokens on August 20 at 7:00 PM Beijing time, representing about 4.40% of the circulating supply and valued at approximately $19.9 million. KAITO (KAITO) will unlock approximately 32.6 million tokens on August 20 at 8:00 PM Beijing time, representing about 7.63% of the circulating supply and valued at approximately $11.5 million. SOON (SOON) will unlock approximately 20.24 million tokens on August 23 at 4:30 PM Beijing time, representing about 3.76% of the circulating supply and valued at approximately $3.9 million. MBG by MultiBank Group (MBG) will unlock approximately 27.15 million tokens on August 22 at 8:00 PM Beijing time, representing about 6.16% of the circulating supply and valued at approximately $2.8 million. (Source: PANews)

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