Crypto market brace for $3.46 billion unlocks next month amid potential Uptober FOMO

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Celestia News

Solana,Worldcoin,Sui

The crypto market is set for a loaded month of October as Token Unlock's data indicates an upcoming $3.46 billion supply injection among various projects, including Celestia (TIA), Solana (SOL) and Worldcoin (WLD).

Token Unlocks data reveals a massive supply injection worth $3.46 billion, awaiting the crypto market in October. Celestia will add a new supply worth $1.12 billion, marking the highest unlock for the month. Solana and Worldcoin will also release locked tokens worth $360 million and $336 million, respectively. The crypto market is set for a loaded month of October as Token Unlock's data indicates an upcoming $3.

46 billion in the first month of Q4. TIA will distribute the highest volume of tokens, totaling $1.12 billion, to add to its current circulating supply. Celestia secured a $100 million capital on Monday in a funding round anchored by investment firm Bain Capital. Investors from the round include 1kx, Robot Ventures, and Syncracy Capital. The funding round brought Celestia's total capital to $155 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto for Advisors: Crypto Market - A Week in ReviewSarah Morton is Chief Strategy Officer and Co-founder of MeetAmi Innovations Inc.
Source: CoinDesk - 🏆 291. / 63 Read more »