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 - EconoTimes)
- Unlock date: January 31
- Number of tokens unlocked: 31.34 million OP
- Current circulating supply: 1.35 billion OP
On 31 January, 2025 Optimism will unlock 31.34 million OP tokens, which represents approximately 2.32% of its current circulating supply. The event is significant because it occurs at a time the market was highly volatile; therefore, it has a potential influence on the price of the token. OP has consistently dropped by around 16% in value since the lockup was forecasted by sell-offs. Optimism is a Layer 2 solution for Ethereum, with the goal of speeding up transactions and lowering costs, and OP is used for governance. Investors are watching closely to see how the unlock will affect OP's price and market sentiment.
|
Round |
% of Allocation |
|
Core Contributors |
+2.08% (+17.00M tokens) |
|
Investors |
+2.08% (+15.21M tokens) |
OPUSD major resistance and support
Major resistance- $2.20
Major support - $1
