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There have been quite a few movements in the crypto market this week. First, let's look at the highlight of Monday—the upcoming $HYPE token unlock. At 3:30 PM on December 29th, 9.92 million HYPE tokens will enter the market. This unlock scale reaches $25.1 million, accounting for 2.87% of the current circulating supply, which may exert some pressure on the price. Those interested in this project should pay attention to the market reactions before and after the unlock.
By Tuesday, the situation becomes more complex. On one hand, Web3 game developer ChronoForge announced its closure due to a broken funding chain, reflecting the harsh financing environment for creative game studios, and the entire blockchain game sector still needs to go through reshuffling. On the other hand, $KMNO will also initiate a token unlock at 8:00 PM on December 30th. The consecutive unlock events this week serve as a reminder for investors to closely monitor liquidity changes of major tokens and plan their trading strategies accordingly.