MELANIA Token Unlocking: $39M in Play, Market Dynamics Shake Up
The MELANIA team's token is set to begin unlocking on January 19th, with a total of 3% (30 million tokens) of the MELANIA supply being released, valued at approximately $39 million. According to the project's unlocking rules, the team's tokens have a 30-day lock-up period, after which 3% will be unlocked. Subsequently, 2.25% will be unlocked each month for the following 12 months.
This unlocking event is expected to have an impact on the MELANIA token's market dynamics, potentially influencing its price and liquidity. As the tokens become available, investors and traders may engage in various strategies, such as buying, selling, or holding, which could lead to increased trading activity and volatility.
The MELANIA project has gained attention in the cryptocurrency community, with its unique tokenomics and unlocking schedule. As the team's tokens begin to enter the market, it will be interesting to observe how the project's ecosystem evolves and how the token's value is affected by the increased supply.
In other news, the cryptocurrency market has seen a range of developments, including the launch of the AICE Tokenomics Model by AICEAN and its official listing on the MEXC trading platform. Additionally, traditional enterprises have been exploring the potential of building on Ethereum, with various projects and initiatives underway.