Unlock Tokens This Week, TAIKO, IMX, and MODE Most!

Bittime - Several crypto projects such as IMX, TAIKO, and MODE will implement unlock token on a large scale this week. Read this article to find out the full news!

Unlock Token dYdX (DYDX)

Unlock token this week starts with the DYDX token which will unlock 1.55 million tokens on September 3. These tokens are estimated to be worth around $1.42 million and account for around 0.68% of the circulating supply. 

Read Also: Polkadot Accelerates DOT Token Unlock Period to 2 Days

Unlock Token Taiko (TAIKO)

On September 5, the TAIKO token will unlock a total of 12 million tokens. The value of the token is estimated at 19.32 million USD, and accounts for 19.02% of the circulating supply. Unlocking this token can have a significant effect on the price of TAIKO tokens because the amount is quite large.

Unlock Token Immutable (IMX)

Immutable will unlock 32.47 million IMX tokens on September 6, the value of which is estimated at 44.17 million USD. This release accounted for approximately 2.06% of the circulating supply. IMX tokens are also predicted to experience quite significant price movements.

Unlock Token Mode (MODE) 

On the same day as IMX, Mode will also open a large number of tokens, namely 500 million MODE tokens, with a value of around 6.24 million USD. This token unlock is quite large as it covers 38.46% of the circulating supply. 

Read Also: Lista DAO Announces LISTA Token Unlock Schedule 

Unlock Token Hashflow (HFT)

Closing this week, Hashflow will unlock the token on September 7. A total of 13.62 million HFT tokens will be unlocked, with a value of approximately 1.95 million USD. This amount accounts for approximately 3.06% of the circulating supply. Even though the percentage is not as big as MODE or TAIKO, unlocking HFT tokens should still be paid attention to by market players.

Impact Unlock Token This Week in Markets

Large token releases like the one that will occur this week often create volatility in the crypto market. This is due to a significant increase in supply, which can put pressure on the price if demand is not high enough to absorb the newly unlocked tokens. 

Conversely, if there is strong buying interest, prices can remain stable or even rise. Therefore, moment unlocking is a major concern for investors and traders who want to take advantage of opportunities or reduce risks.

Read Also: Cardano Activates Change Upgrade, ADA Token Becomes Governance Token!  

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.