FxWirePro- Token Unlock Tomorrow (STARKNET)

On January 15, 2025, Starknet will unlock 64 million tokens, which is about 2.83% of the total tokens available today. The event is important because large token unlocks affect market prices. Generally, when there isn't enough demand to balance out the increased supply, the prices drop.

Key Details

Unlock Date: January 15, 2025
Tokens Unlocked: 64 million STRK
Current Price: About $0.4786
Market Cap: Around $1.15 billion
Trading Volume: Approximately $44.6 million
Unlocks of this nature have previously resulted in price fluctuations and volatility. News regarding partnerships or updates that will enhance the usage of STRK should be closely monitored as these may stabilize the price or send it upwards.

This unlock is part of a plan where up to 0.64% of tokens will be released on the 15th of each month until March 2025, with a total of 768 million STRK tokens expected to be unlocked by that time. In summary, the upcoming token unlock for Starknet is an important event for investors and traders, as it could greatly affect STRK's market situation in the near future.