|
Getting your Trinity Audio player ready...
|
- Over $312 million in new tokens will enter circulation in early November.
- Ethena, Memecoin, and Movement account for the largest unlocks.
- Market volatility may rise as liquidity and supply expand.
Over $312 million worth of tokens are set to flood the crypto market in the first week of November 2025, led by major projects Ethena (ENA), Memecoin (MEME), and Movement (MOVE). Token unlocks—when previously restricted tokens become tradable—often trigger price volatility as supply increases and early investors gain liquidity.
Ethena (ENA) to Unlock $61.5 Million in Tokens
Ethena, known for its synthetic stablecoin protocol USDe, will release 171.88 million ENA tokens on November 5, worth approximately $61.54 million. The new tokens account for 2.52% of ENA’s circulating supply.
Of this batch, 93.75 million tokens will go to core contributors, while 78.13 million will be distributed to investors. This follows a smaller unlock on November 2, when the Foundation received 40.63 million tokens. With its growing supply, market watchers will be alert for potential price pressure on ENA.
Memecoin (MEME) to Unlock 3.45 Billion Tokens
Memecoin, a self-described “community-driven meme token,” will unlock 3.45 billion MEME tokens on November 3, worth about $5.15 million. Representing 5% of the project’s total supply, this unlock will be fully retained by the team for future airdrops.
Despite MEME’s lack of traditional utility, the token has built a strong community following, making its unlock events closely watched for speculative trading activity.
Also Read: Ethena-Incubated DEX Terminal Finance Tops $280M TVL Before Launch
Movement (MOVE) Releases $3.2 Million in Tokens
On November 9, Movement will release 50 million MOVE tokens, valued near $3.2 million. The tokens represent 1.89% of the circulating supply and will be allocated to ecosystem and community incentives. Built on the Move programming language, Movement aims to deliver high-performance blockchain infrastructure for DeFi and Web3 apps.
With over $312 million in total unlocks, traders should expect increased volatility across affected tokens this week. Similar events have historically led to short-term sell-offs, though strong fundamentals or community demand can offset downward pressure. As these projects release fresh supply, all eyes will be on how the market absorbs the influx.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
