SOON to unlock 20.24 million tokens on Aug. 23 worth about $3.93 million

SOON is set to unlock about 20.24 million tokens at 1 p.m. Beijing time on Aug. 23, with the tranche valued at roughly $3.93 million, according to Web3 asset data platform RootData. Token unlocks release previously restricted tokens into circulation, a process traders watch because it can increase available supply and affect price action.

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