President Trump’s decision to impose tariffs on Canada, Mexico, and China last week moved the crypto market in no small way. However, these are the most important news in the crypto market this week:
February 5
KAS Token Unlock
Kaspa (KAS) will release 172.01 million tokens, valued at around $22 million, which constitutes 0.67% of its current circulating supply.
XDC Token Unlock
XDC Network (XDC) will release around 841 million tokens on February 5th, which represents 5.36% of the currently circulating tokens, valued at approximately $85.9 million.
ETHENA Token Unlock
Ethena (ENA) will release about 7.93 million tokens on February 5, which represents 0.25% of its existing circulating supply. Valued at approximately $5.3 million.
February 6
SPELL Token Unlock
Spell (SPELL) will release approximately 1.31 billion tokens on February 6, comprising 0.84% of its current circulating supply, with a value of about $1.7 million.
February 7
Nonfarm Payrolls
Nonfarm payroll measures the number of workers in the U.S. except those who work in farming, private households, non-profits, sole proprietorships or self-employment, and active military service members. The previous figure was 256K, and the forecast is 154k
Unemployment Rate
The unemployment rate is the percentage of people in the labor force who are actively looking for work but not currently employed. The previous figure was 6.7,% and the forecast is 6.8%
Neon (NEON) Token Unlock
Neon (NEON) is set to release approximately 53.91 million tokens on February 7. This represents 44.92% of its current circulating supply, valued at approximately $16.5 million.
Hashflow (HFT) Token Unlock
Hashflow (HFT) is set to release approximately 13.62 million tokens on February 7. This makes up 2.70% of its current circulating supply, with an estimated value of about $1.8 million.
February 9
MOVE Token Unlock
Movement (MOVE) will unlock 50 million tokens, valued at approximately $37 million, representing 2.17% of its circulating supply.
READ MORE: Crypto Price Analysis–Toncoin (TON), Litecoin (LTC), Avalanche (AVAX)
