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Millions of tokens will enter the digital market this week. In particular, three major ecosystems, LayerZero (ZRO), SOON (SOON) and YZY (YZY) will release limited supplies early.
These releases can lead to market volatility and affect short-term price movement. Here’s a breakdown of what to look for in each project.
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1. LayerZero (ZRO)
- Release date: November 20
- Number of tokens to be released: 25.71 million ZRO (2.57% of the total supply)
- Current circulating supply: 198.25 million ZRO
- total width: 1 billion ZRO
LayerZero Interoperability protocol Designed to connect different blockchains. The main goal is to enable seamless trans-chain communication so that decentralized applications (dApps) can interact across multiple blockchains without relying on traditional bridge models.
The team will release 25.71 million tokens on November 20, worth approximately $36.76 million. This reserve constitutes 7.29% of the released offer.
LayerZero will give 13.42 Millions of altcoins for partners Strategists. Major shareholders will receive 10.63 million ZRO. Finally, 1.67 million ZRO for tokens That was bought back by the team.
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2. PRESENT
- Release date: November 23
- Number of tokens to be released: 15.21 million SOON (1.54% of total supply)
- Current circulating supply: 281.1 million READY
- total width: 984.1 million LOAN
SOON is a high-performance SVM convolution of Solana, designed to implement the superadoption stack. It includes three main components: the SOON core network, the SOON stack and InterSOON.
The network will launch 15.21 million SOON on November 23. The stack represents 4.33% of the issued offer and is worth $28.29 million.
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SOON will set aside 8.3 million tokens for giveaways to holders Non-Fungible Tokens (NFT). The team will also give 4.17 million tokens to the ecosystem. In addition, 2.22 million SOON will be allocated to community incentives and 520,830 tokens for donations and liquidity. .
3. YZY (YZY)
- Launch date: November 19
- Number of tokens to be launched: 37.5 million YZY (3.75% of total supply)
- Current circulating supply: 129.99 million of YZY
- Grand total: 1 billion YZY
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YZY is a cryptocurrency token Linked to the singer Yee (formerly known as Kanye West). It is positioned as part of The wider “YZY MONEY” ecosystem, That includes the YZY token, a payment platform called Ye Pay, and the actual YZY card.
On November 19, YZY will release 37.5 million tokens worth approximately $14.35 million. The tokens represent 12.5% ​​of the circulating supply.
Also, this marks the first launch of the project since the Token Generation Event (TGE) in August. Yeezy Investments will receive the entire token offering.
In addition, investors can monitor other notable openings during the third week of November such as ZK Sync (ZK), KAITO, APE Coin (APE) and others, contributing to the general releases in the market.
