FxWirePro- Tokens unlock to watch this week

Token unlock event this week

1. Optimism (OP) : Aug 31st 2024

Number of tokens to be unlocked- 32.21 million OP (0.75% of its circulating supply)

Current Circulating Supply - 1.18 billion OP

OP Mainnet is a low-cost and lightning-fast Ethereum L2 blockchain powered by Optimism. It is an EVM equivalent layer 2 blockchain designed to scale up Ethereum.

Token distribution

• Core contributors: 17 million tokens (2.08%)

• Investors: 15.21 million (2.08%)

Source - cryptorank.io

OPUSD support and resistance-

Resistance - $1.65

Support- $1.30

2. Echelon Prime : Aug 31st 2024

Number of tokens to be unlocked- 751.90K PRIME (0.75% of its circulating supply)

Current Circulating Supply - 44.52 million PRIME

Echelon is a platform that enables games to leverage blockchain features.

Token distribution

1. Parallel Studio Investors: 751.90K tokens (4.17%)

PRIME support and resistance-

Resistance - $8.55

Support- $6.75

Source - cryptorank.io

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