✨Unlocking 162.35 Million KAS Tokens: Market Impact Analysis
MAR
07
Event date
Friday 07 March 2025, UTC
Event description
Kaspa unlocks approximately 0.63% of its circulating supply at 12:00 AM UTC.
⚡️ AI Analysis: Unlocking 162.35 million KAS tokens, which represents 0.63% of the circulating supply, could impact the market by increasing supply. Given the market size and conditions, a moderate effect is expected.
Kaspa (KAS) is a cryptocurrency traded in the crypto market.
The current price is 0.075313 USD, which is 0.01165 USD (or 13.397%) lower than the previous close.
The intraday high is 0.08754 USD, and the low is 0.074336 USD.
The unlocking of 0.63% of the circulating supply could lead to an increase in token supply on the market, potentially affecting the price. However, considering the current market conditions and the volume being unlocked, the impact is expected to be moderate.
Investors are advised to closely monitor the situation and consider possible price fluctuations in response to changes in supply.
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