XPL, H, SOSO and other tokens face major unlocks next week
- —XPL: 1.76 billion tokens worth $158 million on September 25 — 63.2% of circulating supply
- —H: 266 million tokens worth $19.2 million on September 25 — 7.34% of circulating supply
- —SOSO: 23.46 million tokens worth $6.8 million on September 24 — 5.97% of circulating supply
- —BIGTIME: 333 million tokens worth $2.7 million on September 25 — 13.34% of circulating supply
Why it matters: The unlock of 63% of XPL's circulating supply creates strong selling pressure and risks sharp volatility in the token.
Source: PANews