circulation – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 30 Jul 2025 07:48:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 circulation – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Dogecoin Unlock To Put $22.9M Worth Of Tokens Into Circulation https://earlybirdsinvest.com/dogecoin-unlock-to-put-22-9m-worth-of-tokens-into-circulation/ https://earlybirdsinvest.com/dogecoin-unlock-to-put-22-9m-worth-of-tokens-into-circulation/#respond Wed, 30 Jul 2025 07:48:45 +0000 https://earlybirdsinvest.com/dogecoin-unlock-to-put-22-9m-worth-of-tokens-into-circulation/

A large number of token unlocks are expected to hit the altcoin market this week, and Dogecoin is one of those with the most notable unlocks happening this week. With the uncertainty in the market, token unlocks like these could affect the Dogecoin price. However, with deep liquidity, there is a high possibility that the meme coin is able to absorb this massive unlock without much effect.

Large Dogecoin Unlock To Hit The Market

In an X post, Wu Blockchain reported that there are a number of single token unlocks that are set to go live in the altcoin market over seven days. However, the ones of concern are the linear unlocks that will continue into the first week of August, putting hundreds of millions of dollars into the market.

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One of the major unlocks shown was for Dogecoin, which is supposed to see approximately 95.5 million DOGE tokens added to its supply. Going by the current supply, this would be an additional 0.06% added to the circulating supply. At the current market price, this would be around $22.9 million worth of tokens being added.

Naturally, token unlocks can impact the price of a digital asset, and Dogecoin is no different. However, looking at the daily trading volume of the cryptocurrency, which is in the billions of dollars, as well as the deep liquidity across major crypto exchanges, it is likely that the DOGE market will absorb this new supply without much fuss.

Additionally, not all of the 95 million tokens will be sent into circulation at once. Given that it’s a linear unlock, meaning the coins will be released into circulation in smaller batches, it is much easier for the market to absorb the supply without any negative impact to the Dogecoin price.

Other Tokens Being Unlocked

While the Dogecoin token unlock is significant, it is not the largest token unlock expected to happen this week. The crown goes to Solana, which is expected to see 465,770 tokens unlocked. This stash is worth a staggering $87 million and translates to 0.09% of the total supply.

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Next on the list is the TRUMP token at 4.89 million tokens worth $50.13 million. This accounts for 1.67% of the total supply. Then, it is followed by Worldcoin (WLD), with an expected 37.23 million tokens to be unlocked, worth $44.67 million, and translates to 2.16% of the total supply.

Other major unlocks include TAO with 50,400 tokens worth $21.49 million. There’s also Avalanche (AVAX) with 700,000 tokens worth $18.07 million, and Celestia (TIA) with 6.96 million tokens worth $14.20 million.

Dogecoin price chart from TradingView.com
DOGE price moves toward support | Source: DOGEUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com

]]> https://earlybirdsinvest.com/dogecoin-unlock-to-put-22-9m-worth-of-tokens-into-circulation/feed/ 0 50456 Tron’s TRX skyrockets 5% overtaking Ethereum in the USDT circulation https://earlybirdsinvest.com/trons-trx-skyrockets-5-overtaking-ethereum-in-the-usdt-circulation/ https://earlybirdsinvest.com/trons-trx-skyrockets-5-overtaking-ethereum-in-the-usdt-circulation/#respond Wed, 14 May 2025 14:11:54 +0000 https://earlybirdsinvest.com/trons-trx-skyrockets-5-overtaking-ethereum-in-the-usdt-circulation/

The cryptocurrency market shows mixed signals as geopolitical development creates both opportunities and challenges for digital assets.

Tron’s TRX tokens showed noticeable strength at 4.8% rallies over the last 24 hours, rising from $0.264 to $0.276 before experiencing minor corrections.

This uptrend coincides with Tron achieving a significant milestone by overtaking Ethereum as the blockchain with the largest USDT distribution, and currently hosting $73.8 billion compared to $71.9 billion.

The White House announcement of a recent trade agreement between the US and China shows a potential cooling of trade tensions, boosting market sentiment. Meanwhile, institutional adoption continues to accelerate as Coinbase highlights its mainstream acceptance of digital assets in addition to the S&P 500.

Technical Analysis Highlights

  • The TRX rose from $0.264 to a peak of $0.276, representing the 4.8% range with above average volume at key breakout points.
  • Strong purchase pressure established support at $0.265 during the 13:00-14:00 and 19:00 sessions.
  • The prominent resistance zone appeared at about $0.275, and the price merged near this level before a slight pullback.
  • A consistent high and low throughout the period suggests a continuing intense momentum.
  • In the final hour, the TRX peaked at $0.276 at 07:48, then entered a sharp correction phase.
  • Prices fell about 0.9% from the hourly high to $0.273, with a massive sales volume (11.8m) at 08:08.
  • A new support level was established at around $0.274, with multiple unsuccessful attempts trying to regain $0.275.
  • Recent price action shows a consolidation of between $0.273 and $0.274, with conservative purchases appearing near the session lowest.

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External reference

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