Cardano (ADA) - 18.53MM Token Unlock - 16 Nov 2024
2024-11-16

Cardano (ADA) is set to unlock 18.53 million tokens, which is about 0.05% of its circulating supply. Token unlocks can affect market dynamics by increasing the available supply. If these newly available tokens are sold immediately, it could cause the ADA price to drop. However, if investors hold onto these tokens or the demand for ADA is strong, the price might not see a negative impact. To get more information, check this source.