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A $75 Million Token Unlock Is Scheduled for Tomorrow on This Altcoin

A $75 Million Token Unlock Is Scheduled for Tomorrow on This Altcoin

Photo: Bitcoin Sistemi

Kite's KITE token's planned unlocking tomorrow is attracting attention due to its size. According to Tokenomist's weekly report published today, restrictions on approximately $75.5 million worth of tokens will be lifted. The report states that this amount corresponds to 26.76 percent of the circulating supply. The dollar value is based on the prices used in preparing the report. The key aspect of this rollout is that it concerns the founding team and private investor groups.

Source: Bitcoin Sistemi

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