$ENA The official announcement says that starting October 5, the remaining tokens held by original investors will be unlocked all at once. Third-party calendars estimate the amount at around 1.4 billion tokens, nearly 14% of the current circulating supply, but the exact amount has not been confirmed by the official team.
The project’s buybacks won’t start right away either; they’ll only begin once the USDe supply reaches $7.5 billion.
Although the price hasn’t fallen in the short term, there are simply too many people betting on a price drop, all waiting for the unlock to push prices down. Let’s check back in a few days and see if there are any cheap tokens to pick up.
The project’s buybacks won’t start right away either; they’ll only begin once the USDe supply reaches $7.5 billion.
Although the price hasn’t fallen in the short term, there are simply too many people betting on a price drop, all waiting for the unlock to push prices down. Let’s check back in a few days and see if there are any cheap tokens to pick up.
