Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply

The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens.

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Avalanche’s AVAX Token Remains Flat Ahead of its $130 Million Token Unlock

More than 9.3 million tokens will be unlocked Sunday, representing 1.2% of AXAX’s total supply.

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'Diabolic Burns' of SHIB Take Place as Burn Rate Jumps 666%: Details

Shiba Inu community continues to burn circulating supply of their favorite meme token, reducing it gradually on daily basis

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WazirX says Binance controls its WRX token

India’s top crypto exchange WazirX said Binance conducted the initial exchange offering (IEO) for its WRX token and still controls the token supply. In a May 16 statement, the WazirX team clarified the token’s management, saying Binance kept all the proceeds from the IEO — about $2 million — for itself.

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Scam Alert: Popular Crypto Influencer Rugs This Token, Selling 2% of Supply on His Followers

Meme coin madness on market continues, which is why various influencers are trying to make as much as they can while it lasts

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Community Fears Price Dilution With the SUI Token Release Schedule 

A Sui token release schedule has sparked conversations about price dilution amongst the community. How will high supply impact the project? The post Community Fears Price Dilution With the SUI Token Release Schedule appeared first on BeInCrypto.

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SUI mainnet goes live as token sees immediate action on Binance, OKX, others

The total supply of the SUI token is capped at 10 billion coins, with tokens running on a delegated proof-of-stake consensus algorithm.

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Bitcoiner Max Keiser Slams Pepe (PEPE) as Price Jumps 93% to Record Highs

PEPE is ERC-20 token with supply of 420.69 trillion tokens

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These Seven Crypto Projects Unlock Tokens This Week, Will Prices Falter?

Seven crypto and DeFi platforms will perform token unlocks this week. Token prices don’t usually react well to supply dilution. The post These Seven Crypto Projects Unlock Tokens This Week, Will Prices Falter? appeared first on BeInCrypto.

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This Pepe Whale Sold 14% of PEPE Supply, Could Be Developer?

Just one address sold almost 14% of meme token's supply, and data shows it could be tied to developer

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Blur [BLUR] investors have reasons to rejoice, but the scenario might change as...

Whale interest in BLUR showed a spike while the token's supply on exchanges declined. The metrics were supportive of a continued surge, except for the RSI indicator. Blur [BLUR] stole the liThe post Blur [BLUR] investors have reasons to rejoice, but the scenario might change as... appeared first on AMBCrypto.

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Blur [BLUR]: A tale of dearth and neglect despite a resounding hold of…

Funds flowing into the Blur liquidity pools were sparse in supply. While the project's engagement with NFTs stayed relevant, investors were overlooking the BLUR token. Regardless of excellinThe post Blur [BLUR]: A tale of dearth and neglect despite a resounding hold of… appeared first on AMBCrypto.

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Post-Merge Ethereum: $4.9B in potential supply growth averted through Proof-of-Stake transition

It has been 217 days since the Merge when Ethereum (ETH) shifted from the energy-intensive Proof-of-Work (PoW) consensus mechanism to the eco-friendly Proof-of-Stake (PoS) consensus mechanism. Since then, the cryptocurrency has seen a significant drop in its native token — burning 104,939.

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Lukso Genesis Validator Smart Contract to Go Live on 4/20 at '4:20'

The Lukso initial validators will vote on token supply of LYX and how much the Lukso Foundation can hold.

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As dYdX garners massive whale attention, what's brewing for the token?

-Whales actively accumulated dYdX tokens, as shown by a steady increase in their holdings since March. -The token's supply on exchanges declined, and dYdX appeared to be on an upward trend. AlthThe post As dYdX garners massive whale attention, what's brewing for the token? appeared first on AMBCrypto.

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Aptos releases new tokens but not without a fair share of bear trouble...

Aptos [APT] saw its latest token unlock on 12 April wherein the network released a fractional amount of tokens. The unlocked tokens account for 0.45% of its total supply and was worth over $52 millionThe post Aptos releases new tokens but not without a fair share of bear trouble... appeared first on AMBCrypto.

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All about Polygon's recovery, downsides, and the likelihood of another upswing

MATIC could approach another high similar to its 2021 uptrend. The token's supply on exchange is close to its highest ever. Like most cryptocurrencies, Polygon [MATIC] has experienced a sigThe post All about Polygon's recovery, downsides, and the likelihood of another upswing appeared first on AMBCrypto.

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Aptos Bumps Ahead of $50M Token Unlock Which May Add Selling Pressure

In a planned move, around 0.5% of the total token supply will be unlocked on Wednesday.

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XT.COM Lists XACT Token, Brings Revolutionary Rewards System to Its Users

Singapore-based XT. COM has announced the listing of XACT on its trading platform. XACT is an ERC20 token deployed on the polygon blockchain with a maximum supply of 10 billion and a circulating supply of 100 million tokens.

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Layer 2 Blockchain gaming platform Myria’s native token is now live on OKX

Key takeaways MYRIA, the native token of Myria, has launched on the OKX exchange. The token has a total supply of 50 billion. The team also announced the launch of its second major NFT airdrop for the Myria community.

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Arbitrum (ARB) Continues Rally Despite Circulating FUD, Here’s Why

After suffering from a weekend filled with uncertainty, Arbitrum (ARB) now appears to be in for a rebound despite rumors about its whale and supply still circulating. Over the past 24 hours, Arbitrum native token ARB has surged by nearly 10%.

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Shiba Inu Community Destroys 814 Million SHIB, What’s Ahead?

The Shiba Inu ecosystem witnessed alarming SHIB token burns over the past 24 hours. The Shiba Inu community sent over 814 million SHIB tokens to the dead wallets within the past 24 hours. This is part of its strategy to check the SHIB token supply.

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How ETH holders scrambled for shelter following CTFC’s ‘commodity’ proscription

ETH’s supply outside of exchanges reached an all-time high. Increase in adoption has been challenging since the token was called a commodity. The number of Ethereum [ETH] held in self-custThe post How ETH holders scrambled for shelter following CTFC’s ‘commodity’ proscription appeared first on AMBCrypto.

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Arbitrum [ARB] AirDrop grabs attention: Decoding the token's reaction

Arbitrum released over 12% of its ARB supply through an AirDrop.  Arbiturm continued to outperform its competitors, but ARB fell victim to a scam. Arbitrum [ARB] completed its latest AirDroThe post Arbitrum [ARB] AirDrop grabs attention: Decoding the token's reaction appeared first on AMBCrypto.

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Apecoin bucks the trend by gaining after its token unlock, here's why

The latest unlock represented about 4% of the total supply of APE, worth $160 million. Apecoin's staking program triggered a solid demand for APE. Apecoin [APE], the primary token of the YugThe post Apecoin bucks the trend by gaining after its token unlock, here's why appeared first on AMBCrypto.

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ArenaDAO's Governance Token Surges Almost 50% Amid Vote to Authorize Paradigm Purchase

A vote to sell 15% of governance token ARENA’s total supply to crypto investment firm Paradigm began earlier Thursday.

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ApeCoin Investors Brace For Price Volatility Ahead Of 4% Supply Release

ApeCoin, a decentralized cryptocurrency that operates on the Ethereum blockchain, recently announced a 1-month linear unlock of 4% of its total token supply. The unlock event could cause significant price volatility for the token, as some investors may sell them in anticipation of a price drop.

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Shiba Inu Continues To Reduce Token Supply, Removes 490 Million SHIB In One Day

Shiba Inu is among the tokens that use a burning mechanism. It has continually burnt millions of SHIBs to balance its demand and supply, sometimes pushing the price slightly. The network removed 490 million SHIBs in one day in this latest burn.

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Avorak AI Low Token Supply Could Cause Price To Spike Faster Then Big Eyes, Metacade or Fightout

A low token supply could potentially cause the price of a cryptocurrency to increase rapidly due to the basic economic principle of supply and demand. When the cryptocurrency supply is limited, but its demand remains high or increases, the price may rise as buyers compete for the limited supply. Such is the case with Avorak […]

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Gaming Protocol Aavegotchi Members Are Voting to End Multiyear Token Sale, Which Could Limit GHST Supply

If passed, roughly $33 million DAI will be allocated to support the development of the Aavegotchi ecosystem.

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Investment Firm Republic Purchases 10M Astra Protocol Tokens in New Deal

The fixed supply utility token will be locked for compliance usage.

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Token Offering of Asset Management Platform Factor Raises Roughly $7.6M

Several hours before the public sale ended, Factor announced changes to decrease the initial circulating supply.

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Hedera Hashgraph to see token unlock in March- Will it impact HBAR?

HBAR will see a total of 6.28% of its total supply unlocked on 1 March. HBAR's price has been falling for the past three days. There has been a slight decline in the Hedera Hashgraph token'sThe post Hedera Hashgraph to see token unlock in March- Will it impact HBAR? appeared first on AMBCrypto.

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Klaytn Foundation Proposes Burning 5.28B KLAY Tokens, Cutting Token Supply by Nearly 50%

The proposal suggests an initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY tokens or approximately 48% of the total token supply.

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Less CAKE on the menu? This is how PancakeSwap intends to make party bigger

About 3.75% of CAKE's circulating supply was burned in the latest round. Buoyed by whales' accumulation, the token's prospects looked bullish. PancakeSwap removed more than seven million CAKThe post Less CAKE on the menu? This is how PancakeSwap intends to make party bigger appeared first on AMBCrypto.

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Optimism sheds 10% following 11M token airdrop

Layer-2 network Optimism airdropped 11.7 million tokens to over 300,000 wallets on February 9, increasing its OP token circulating supply to 234.74 million. The post Optimism sheds 10% following 11M token airdrop appeared first on CryptoSlate.

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The Sandbox (SAND) surges ahead of token unlock

The Sandbox network will unlock 372.6 million SAND tokens — amounting to 12.419% of the circulating supply — on February 13. The post The Sandbox (SAND) surges ahead of token unlock appeared first on CryptoSlate.

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Shiba Inu Burns Millions of Shib Tokens Hoping for a Rally, But Metacade Is Still a Better Buy

There are many different ways that crypto projects can induce an increase in price, with token burning one of the most clear-cut ways to achieve it. This is because burnt tokens are taken out of the circulating supply, transferring their value to the tokens that are left.

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Stargate propose token reissue amid Alameda wallet hack, STG up 21%

Cross-chain protocol Stargate Finance has initiated a proposal to reissue 1 billion STG tokens, following concerns that Alameda’s wallet holding 10% of the token supply has been compromised.

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Sandbox’s SAND Surges 90% Since Start of Year Ahead of Token Unlock

The unlock, scheduled for mid February, will release 12% to the token’s supply.

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Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement

BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko.

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Crypto Gaming Token AXS Surges 40% Ahead of $64M Token Unlock

Some 4.8 million AXS tokens, the equivalent of 1.8% of the cryptocurrency's total supply, will be freed up later Monday.

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Crypto Analysts Warn Against Shorting DYDX Ahead of $200M Token Unlock

The unlock, which takes place on Feb. 2, will release 150 million coins worth $202 million and 15% of the total supply.

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Shiba Inu’s Shibarium Renews Bullish Momentum For ‘$0.001 SHIB’ As Massive Token Burn Expected

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Circulating Supply for The Graph’s GRT Token Jumps With Major Framework Ventures Unlock

Before Framework Ventures’ on-chain actions, the 99 million GRT, worth roughly $7 million, had been sitting in the Graph’s staking contract since Feb. and March 2021.

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Flare Airdrop Receivers Should Sell Quickly, Says Ripple CTO

The two-year-long awaited Flare token (FLR) airdrop distribution finally came through for Ripple XRP holders. The distribution started on January 10 at a ratio of 1. 0073 FLR for each XRP token. As a result, the XRP community received 15% of the Flare supply.

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WOO rallies by 10% as the Woo Network burns 700 million of its total token supply

WOO is up by 10% in the last 24 hours, the best performer amongst the top 100 cryptocurrencies by market cap so far today. The Woo Network announced that it had burned more than 700 million WOO tokens so far.

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Bonk Inu Developers Burn All Their Team Tokens as Solana Ecosystem Frenzy Continues

Some 5% of the bonk token supply was burnt as prices dropped 40% in the past 24 hours.

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Amount of SHIB Supply Held by Whales Becomes Alarming

Concentration of whales in Shiba Inu token raises concerns

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