Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week

Jan 10 2025 crypto


Over 1.94 billion ONDO worth $2.42 billion will be unlocked on January 18th. $69.32 million in ARB will be released on 16th January. $27.55 million in STRK and $21 million in SEI will hit the market on January 15th. The crypto market has to prepare itself for a huge dose of sell pressure with $2.6 billion worth of token unlocks scheduled next week. This influx of new tokens could worsen the current market downturn, especially for altcoins: Ondo (ONDO), Arbitrum (ARB), Starknet (STRK), Sei (SEI), ApeCoin (APE), Ethena (ENA), and Echelon Prime (PRIME). According to Tokenomist on X , 134.21% of ONDO’s circulating supply (1.94 billion tokens) will be released on January 18th, just two days before Trump’s inauguration—an event that many view as a potential turning point for crypto in the United States. Read also : Crypto Market Dip Creates Value Plays in SUI ENA, HYPE & SOL On January 16th, 2.20% of Arbitrum’s supply (92.65 million ARB tokens) worth $69.32 million will unlock. This follows the January 15th release of 12.86 million ENA tokens (0.42% of the supply) worth $11.98 million and 64 million STRK tokens (2.65%) valued at $27.55 million. Addi… The post Crypto Market Prepares for Token Sell-Off Ahead of Trump Inauguration Next Week appeared first on Coin Edition .

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