🚨 $KMNO IS REBOUNDING — BUT AN $11.5M TOKEN UNLOCK IS APPROACHING
Kamino's token rose nearly 14% in the latest market snapshot, with trading volume climbing sharply.
The protocol has real activity: DeFiLlama reports $4.91M in fees over the past 30 days.
But there's a catch.
Around 229 million KMNO tokens are scheduled to unlock on October 30, worth approximately $11.5M at the reported price.
Can the recovery hold against the coming supply pressure?
#solana #defi
Kamino's token rose nearly 14% in the latest market snapshot, with trading volume climbing sharply.
The protocol has real activity: DeFiLlama reports $4.91M in fees over the past 30 days.
But there's a catch.
Around 229 million KMNO tokens are scheduled to unlock on October 30, worth approximately $11.5M at the reported price.
Can the recovery hold against the coming supply pressure?
#solana #defi