Tomorrow in the early hours, 889 million STABLE tokens enter circulation — the biggest unlock this week.
Fact: Around 888.89 million STABLE (about $23–24 million) is scheduled to unlock on Nov. 7 at 19:19 UTC — Nov. 8 at 02:19 WIB — for the Ecosystem & Community category, according to DefiLlama data cited by several unlock trackers (Crypto Lunar, CoinClass, NinjaTools, Bitrue, TokenToria, Nov. 6). That’s about 4.94% of the circulating supply and 0.89% of the total supply of 100 billion. STABLE — Stable network’s token for USDT payments — was trading at around $0.026 on Nov. 6, with a market cap of about $490 million.
My take: An unlock isn’t a sell verdict — recipients could hold or stake their tokens — but this is a big number for STABLE: nearly 5% of the circulating supply becoming available at once, in a market that has just fallen and remains defensive (BTC at around $75,695). What matters isn’t the schedule, but whether buyers absorb that new supply.
What I’m watching: the price range of $0.0249–$0.0307 after the unlock (the range monitored in Bitrue’s Nov. 4 analysis), and whether buying volume appears as the tokens enter circulation.
Do you think an unlock this large is usually quietly absorbed by the market, or does it create visible selling pressure?
This is my analysis, not financial advice — always DYOR.
#TokenUnlock #Stablechain
Fact: Around 888.89 million STABLE (about $23–24 million) is scheduled to unlock on Nov. 7 at 19:19 UTC — Nov. 8 at 02:19 WIB — for the Ecosystem & Community category, according to DefiLlama data cited by several unlock trackers (Crypto Lunar, CoinClass, NinjaTools, Bitrue, TokenToria, Nov. 6). That’s about 4.94% of the circulating supply and 0.89% of the total supply of 100 billion. STABLE — Stable network’s token for USDT payments — was trading at around $0.026 on Nov. 6, with a market cap of about $490 million.
My take: An unlock isn’t a sell verdict — recipients could hold or stake their tokens — but this is a big number for STABLE: nearly 5% of the circulating supply becoming available at once, in a market that has just fallen and remains defensive (BTC at around $75,695). What matters isn’t the schedule, but whether buyers absorb that new supply.
What I’m watching: the price range of $0.0249–$0.0307 after the unlock (the range monitored in Bitrue’s Nov. 4 analysis), and whether buying volume appears as the tokens enter circulation.
Do you think an unlock this large is usually quietly absorbed by the market, or does it create visible selling pressure?
This is my analysis, not financial advice — always DYOR.
#TokenUnlock #Stablechain