LayerZero Faces $23M Token Unlock This Week

LayerZero ($ZRO) will unlock over $23 million in tokens this week as part of a $670.77 million token unlock event across multiple projects. ZRO has rallied 14% ahead of the unlock, with traders questioning whether it can break the $1.15 resistance level. Analysts warn of increased volatility for $ARB, $SEI, $ZK, and $ZRO during unlock periods.

Detected & updated continuously · Source: Ruma

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