Three tokens will simultaneously unlock a total of $77.07 million in new supply on August 1, or July 31 for traders in US time zones. BEAT accounts for the largest share at $67.78 million, followed by EIGEN at $7.87 million, and ZETA at $1.42 million.
Audiera’s BEAT token is scheduled to release 21.25 million tokens at 9:00 AM Beijing time (9:00 PM EDT on July 31), representing 6.87% of its current circulating supply. The unlock comes as the token posted strong gains, rising 32.1% over the past week. However, the price rally halted after hitting resistance at $3.69, while daily volume rose 148% from the previous day to $37.84 million.
The key concern is not the current price action, but how effectively the market can absorb the incoming influx of tokens.
Sell Pressure Exceeds Daily Volume
BEAT’s $67.78 million unlock represents 1.8 times its daily trading volume. This incoming supply overshadows Audiera’s deflationary efforts. While the project burned 797,230 BEAT tokens in the past week (bringing the cumulative total to 17.04 million), the newly unlocked supply is 26.7 times larger than its latest weekly burn rate. The unlock volume also exceeds the cumulative total of all burns ever conducted by 4.21 million tokens.
Supporting data adds further pressure. A CoinGecko community poll shows that 60% of respondents hold a bearish outlook on BEAT. Meanwhile, the Audiera protocol, which holds a $965.6 million market capitalization, generated just $1.84 million in revenue between July 13 and July 20. Exchange liquidity will be tested as the newly released tokens begin changing hands.
Who Receives the Newly Unlocked Tokens
While BEAT attempts to sustain its price, EIGEN has already faced downward momentum. The EigenCloud token posted a 12.6% decline over seven days and slid 7.2% in the last 24 hours. An unlock of 38.35 million tokens (5.18% of its supply) at 5:00 AM Beijing time (5:00 PM EDT on July 31) accounts for 49% of EIGEN’s $16.09 million daily volume. According to CoinGecko data, the tokens are allocated to investors (19.75 million) and early contributors (17.07 million).
ZetaChain’s ZETA token unlocks earliest. At midnight Beijing time (12:00 PM EDT on July 31), 44.43 million tokens, representing 2.94% of circulating supply, will be distributed. The breakdown includes 13.13 million tokens for core contributors, 12.83 million for the project treasury, and 9.33 million for purchasers and advisors.
The crypto market operates 24/7. Exchange liquidity depth and the speed at which recipients transfer their unlocked assets will determine how quickly this fresh supply weighs on order books.
Source: crypto.news.
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
