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StarkWare adjusts STRK unlock schedule as Bitcoin Dogs soars

StarkWare updates token unlock schedule as interest in Bitcoin Dogs grows Bitcoin Dogs presale near $4 million milestone amid massive investor interest. Bitcoin Dogs’ token $0DOG is the first BRC-20 ICO on Bitcoin. StarkWare, the developer firm supporting the Ethereum Layer-2 protocol Starknet, has heeded to community feedback, changing the unlock schedule of allocated STRK tokens.  As the crypto community mulls what this means for Starknet ecosystem contributors, new crypto project Bitcoin Dogs continues to dominate the presale market. With its value proposition, it’s emerging as one of the best ICO projects today. StarkWare adjusts token unlock On Thursday, StarkWare announced an update to the unlock ing schedule for the Starknet (STRK) token – news that saw the price of recently launched token rise sharply. The platform acted after criticism over a schedule that would have seen a massive chunk of the allocated 1.3 billion STRK un...

$1 billion wiped from AVAX in a day amid massive token unlock

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Avalanche (AVAX) has seen nearly $1 billion worth of value vanishing from its market cap on February 21. This happened in anticipation of Avalanche’s awaited token unlock and sell-offs, as reported by Finbold on February 17. In particular, Avalanche currently has a $13.52 million market cap against the $14,42 billion capitalization 24 hours ago. Meanwhile, the token trades at $36.77, with a 367.716 million AVAX circulating supply. In a few hours from the time of writing, vesting contracts will increase this supply by 9.54 million AVAX. Therefore, this creates massive selling pressure worth over $365 million. Picked for you XRP price forecast as mysterious whale bags $20 million XRP in minutes 1 hour ago This AI token in presale threatens to overthrow Chainlink’s dominance 2 hours ago Bitcoin price forecast: Brace for sub-$50k crash, $140 billion at Risk 3 hours ago Tron (TRX) price prediction amid USDC halting operations 4 hours ago Intere...

Ripple to unlock 1 billion XRP tomorrow (November 1); What to expect?

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On the first day of every month, Ripple unlocks 1 billion XRP tokens from an escrow system programmed within the XRP Ledger. On November 1 (Wednesday), the token unlock will happen again in three transactions of 100 million, 400 million, and 500 million XRP. Interestingly, November 2023’s unlock accrues for 1.86% of the current circulating supply of 53.56 billion XRP and part of the remaining 46.43 billion XRP tokens owned by Ripple that are still locked in escrows to be released monthly until April 2027. Three escrows will reach finality on the last minutes of October 31, held by two known crypto wallet addresses under Ripple’s control: Address “Ripple (22)” —  for an unlock of 100 million XRP, locked on September 03, 2019, with the transaction ID “7EF17…CDA6F”. Address “Ripple (22)” — for an unlock of 400 million XRP, locked on August 01, 2019, with the transaction ID “E0D06…DA8EA”. Address “Ripple (23)” — for an unlock of 500 million XRP, locked on September 03, 2019, with...