Akedo set to unlock 2.11B tokens: Sell pressure fears cloud epic 300% weekly run

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Akedo (AKE), a $230 million market cap multi-agent AI platform and launchpad on BNB Smart Chain, surged 300% over the past week and 53% over the past 24 hours. An unlock of 2.11 billion AKE tokens, representing 2.11% of the 100 billion total supply and worth approximately $127 million at current prices, is scheduled for September 21st. Despite only 22% of the total supply currently in circulation, monthly token unlocks have not materially affected the uptrend since mid-July. Technical indicators show an RSI in overbought territory, a negative funding rate, and price stagnating around $0.063, with key support levels at $0.0418 and $0.0294.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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