Kaito, Plasma, and SOON Set to Unlock Over $51 Million in Tokens

Key tokens from LayerZero, Plasma, MBG, and Scroll will unlock substantial amounts, impacting liquidity and market dynamics across multiple blockchain ecosystems.

KAITO
VENOM

Summary

LayerZero (ZRO), Plasma (XPL), MBG, and Scroll (SCR) are set to unlock a total of over $140 million in tokens next week. LayerZero will release 25.71 million tokens worth $44.2M, Plasma will unlock 88.89 million tokens valued at $36.9M, MBG will release 15.84 million tokens worth $17.1M, and Scroll will unlock 82.5 million tokens worth $14.4M. These releases, representing a significant percentage of the circulating supply, are expected to affect liquidity and market conditions.

Terms & Concepts
  • Token Unlock: A scheduled release of previously locked tokens into circulation, often impacting liquidity and market dynamics.
  • Circulating Supply: The total number of tokens that are available for trading in the market, excluding locked or reserved tokens.