According to Tokenomist data, the new week in the crypto market begins with several major token unlock events, signaling potential volatility as previously locked tokens enter circulation.

Biggest Unlock of the Week: ZRO (LayerZero)

The largest token unlock this week will come from ZRO (LayerZero). Around 32.71% of locked tokens — valued at $42.42 million — will be released into circulation, representing roughly 23.13% of ZRO’s total supply. Analysts warn that such a large-scale unlock could increase short-term volatility.

“In high market-cap projects like ZRO, major unlock periods often trigger short-term selling pressure but tend to stabilize the market in the mid-term.”
— Hiro Tanaka, Tokenomist Analyst

Other Notable Unlocks: XPL, MBG, and SOON

Beyond ZRO, several other projects are drawing investor attention this week:

• XPL: $35.19 million worth of tokens to be unlocked (4.94% of supply)
• MBG: $17.23 million unlock (19.01% of supply)
• SOON: $8.66 million unlock (3.87% of supply)

A portion of these unlocked tokens will go to community incentives, founding teams, and investor reserves. While this could lead to short-term price swings, it may also improve liquidity in the long run.

Mid-Sized Unlocks: ALT, AVAIL, H, and KAITO

Other projects with notable unlocks include:

• ALT: $2.36 million (2.9% of supply)
• AVAIL: $1.32 million (4.36% of supply)
• H: $5.68 million (2.74% of supply)
• KAITO: $7.21 million (2.96% of supply)

While smaller in scale, these releases could still cause price fluctuations, especially for lower market-cap tokens.

Market Impact: Volatility Likely to Increase

With more than $120 million worth of tokens entering circulation this week, analysts expect:

• Increased short-term selling pressure
• Volatile price movements
• Improved liquidity supporting high-volume trading

However, some project teams may manage these events through gradual selling strategies, helping the market absorb the new supply more smoothly.

Unlock Week Begins: Key Opportunities and Risks Ahead

The total $120 million in upcoming unlocks could shape this week’s crypto market dynamics, creating both risks and opportunities. Projects like ZRO, XPL, and SOON will be closely watched as investors gauge market reactions. For traders, the week ahead could be crucial for identifying potential dips and accumulation opportunities as the market adjusts to this wave of unlocks.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Attention Investors! Major Altcoin Unlocks Coming This Week appeared first on Coin Engineer.

Sources close to the matter revealed the deal values LayerZero at approximately $1 billion, highlighting the company’s rising importance amid AI-driven infrastructure demands.

Powering the Future of AI and High-Performance Computing

Based in Aurora, Ohio, LayerZero manufactures equipment such as static transfer switches, remote power panels, and power distribution units — all essential for ensuring the reliable flow of electricity within data centers.

“As data centers evolve to support the growing needs of AI and high-performance computing, our role has become even more important,” said co-founder Milind Bhanoo.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

The recent AI boom, led by platforms like ChatGPT, has significantly increased the demand for secure and efficient energy solutions across digital infrastructure facilities.

Advent to Scale Up LayerZero’s Manufacturing and Reach

Once the deal closes, co-founders Milind Bhanoo and James Galm will retain minority ownership in LayerZero. Advent plans to help the company scale up manufacturing, broaden its customer base, and expand service capabilities globally.

Former Schneider Electric North America CEO and current Advent operating partner Annette Clayton will serve as Chair of LayerZero post-acquisition, bringing deep industry experience to the company’s next growth phase.

Private Equity Activity Heats Up Again

The deal marks a resurgence in private equity investments after months of cautious slowdown due to macroeconomic uncertainty and trade barriers. Renewed market confidence has reignited appetite for strategic acquisitions.

Earlier this June, Advent also announced a $6.03 billion acquisition of precision instrument maker Spectris, signaling an aggressive expansion in high-tech industries.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Advent Acquires Majority Stake in LayerZero in $1B Data Infrastructure Deal appeared first on Coin Engineer.

Crypto projects typically allocate tokens in advance for team members, early investors, or community funds. However, these tokens are usually locked for a certain period to prevent sudden selling pressure in the market.

Token Unlock Mechanisms: Cliff vs. Linear

The token unlocks in June will occur through two different methods:

• Cliff unlocks: A total of $1.4 billion worth of tokens will be released all at once.

• Linear unlocks: Around $1.9 billion worth of tokens will enter the market gradually over time.

Major Token Unlocks in June

One of the most notable events will be by Metars Genesis (MRS), an NFT-focused project. On June 21, it will unlock $193 million worth of tokens to support its partnership in artificial intelligence. Since March, MRS has been releasing 10 million tokens per month, bringing the total unlocked value to nearly $1 billion so far.

Another key unlock is scheduled by Sui. On June 1, 44 million SUI tokens worth approximately $160 million will be released. These tokens will be distributed among the Mysten Labs treasury, early contributors, and the community reserve. The largest portion, valued at over $70 million, is allocated to Series B investors.

To date, Sui has unlocked 3.3 billion tokens worth around $12 billion, representing roughly 33% of its total supply. There are still 5.22 billion tokens, valued at nearly $20 billion, without a confirmed release schedule.

Other Projects Unlocking Tokens in June

Several other projects are also set for significant unlocks in June:

• Fasttoken (FTN): 20 million tokens (approx. $88 million) allocated to the founding team.

• LayerZero (ZRO): 25 million tokens (worth $71 million) for core contributors and strategic partners.

• Aptos (APT): 11.31 million tokens (approx. $61 million) for the foundation, community, and investors.

• zkSync: Over 760 million tokens, worth about $49 million, will be released for the team and early investors.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post $3.3 Billion in Token Unlocks Set for June! appeared first on Coin Engineer.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Now, all eyes are on the next potential support. According to technical indicators, the 2.13$ level stands as a key support zone, having previously acted as a strong base where buyers stepped in. If the current downward momentum continues, this level will be a crucial test for ZRO bulls.

A Break Below 2.13$ Could Target FVG Region

Should the 2.13$ support fail to hold, the next zone to watch lies at the lower bounds of the bullish FVG (Fair Value Gap) region. This area represents zones of previous heavy buying and could offer a reaction or temporary relief.

ZRO’s price trajectory remains closely tied to broader market trends. Movements in Bitcoin (BTC) and Ethereum (ETH) will likely influence its direction. For investors, this is a time to closely manage risk, monitor key levels, and adjust strategies based on confirmed price actions.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post ZRO Rejected At Resistance: 2.13$ Support In Focus appeared first on Coin Engineer.

$2.13 Support Is Key

The most immediate support for ZRO lies at $2.13, which falls inside a bullish FVG zone. This level previously acted as a rebound area and holds critical importance. If ZRO loses this support, the next level to watch will be $1.51, suggesting a possible continuation of the broader downtrend.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

If the $2.13 support holds and ZRO manages to break through the descending trend resistance, the next target will be $3.00 — a psychological and technical resistance zone where selling pressure could emerge.

Technical Outlook

For ZRO, the closest support level currently stands at $2.13. If this level fails to hold, the next strong support is located around $1.51. On the upside, the first resistance area is near $2.80. If this resistance is broken, the next bullish target could be $3.00. The direction of the price will largely depend on how buyers react at the $2.13 support level and how the price responds to the descending trendline.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post ZRO Rejected at Resistance Again: Eyes on $2.13 Support appeared first on Coin Engineer.

On Monday, the Avalanche (AVAX) network will undergo the Etna upgrade, aiming to enhance network performance. Meanwhile, the FLOKI community is preparing for a much-anticipated marketing announcement. A key development is the ARB token unlock, with 93.65 million ARB tokens worth $91 million being released, potentially increasing selling pressure. Additionally, Ethena and BlackRock will share updates about their stablecoin, USDTb, while Cardano (ADA) will see the unlocking of 18.53 million tokens, valued at $20 million, raising concerns among ADA investors.

On Wednesday, economic reports and gaming partnerships will dominate the agenda. The Eurozone’s annual inflation rate will be announced, which could indirectly impact crypto markets. Another key event is the launch of Captain LaserHawk, a game developed by Ubisoft in collaboration with Arbitrum (ARB), potentially driving interest in ARB. However, the day’s highlight is the FED’s interest rate decision and subsequent statements from FED Chair Jerome Powell. Any rate adjustment or Powell’s comments could lead to volatility in Bitcoin and altcoins.

On Thursday, the focus shifts to the U.S. with the release of GDP figures. Any deviation from expectations could affect market sentiment. Additionally, Coinbase will delist Wrapped Bitcoin (WBTC), which might raise concerns for Bitcoin-linked projects. The LayerZero community will also hold a referendum to activate the fee switch feature, which could significantly impact ZRO token dynamics.

Finally, on Friday, the U.S. will release the Core Personal Consumption Expenditures (PCE) index, a key inflation metric. This data could influence how the FED adjusts its policies, potentially driving market volatility.

This week’s developments, including token unlocks for ARB and ADA, may increase selling pressure, while major economic data from the U.S. and FED decisions will shape overall market direction. On a positive note, partnerships like Ubisoft’s Arbitrum-based game might drive interest in specific tokens.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post A Busy Week Ahead in the Crypto Market! appeared first on Coin Engineer.

Specifically, the trading volume for the BEAM (BEAM) altcoin surged to $63 million in a four-hour period, marking an impressive increase of 212.77%. However, during the same timeframe, BEAM‘s volume on Binance decreased by 39.80%, falling from an average of $6 million to $4 million​.

You Might Be Interested In: Could Trump’s Victory Stimulate the Crypto Markets?

LayerZero (ZRO) has also emerged as another noteworthy token; its trading volume on Upbit experienced a remarkable increase of 365.80%, rising from an average of $41,000 to $190,000 in a one-hour timeframe. In contrast, Binance showed a more moderate increase, with its volume growing from $97,000 to $141,000​.

Bounce Token (AUCTION) saw its trading volume on Upbit rise dramatically by 246.49%, increasing from an average of $3,000 to $11,000 in just one hour. However, on Binance, the volume fell by 56.76%, dropping from $4,000 to $2,000.

Similarly, other altcoins like Theta Fuel (TFUEL) and Stargate Finance (STG) followed this trend. TFUEL‘s volume on Upbit surged by 339.14%, reaching $2 million from $418,000, while its volume on Binance slightly decreased from $488,000 to $471,000. Meanwhile, STG increased by 165.54% on Upbit, climbing from $137,000 to $363,000, but saw a decline of 19.60% on Binance, falling from $175,000 to $140,000.

These figures once again highlight the significant impact of fluctuations in South Korea’s cryptocurrency market​.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post There is a Trading Volume Explosion in 5 Altcoins in South Korea! appeared first on Coin Engineer.

New Trading Pairs and Trading Bots Services

Effective July 3, 2024, at 14:00 UTC, Binance will list three new trading pairs on its Spot platform:

WIF/BRL

ZK/USDC

ZRO/USDC

In addition to the new listings, Binance will also enable its Spot Trading Bots services for these new pairs, allowing users to automate their trading strategies.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram  ,YouTube and Twitter channels for the latest news and updates.

The post Binance Spot Expands Trading Options with New Listings and Discounted USDC Fees appeared first on Coin Engineer.

The LayerZero team has been instrumental in the growth of LayerZero and Ethereum, particularly in promoting the Ethereum Virtual Machine (EVM), Ethereum’s Layer 2-centric roadmap, and the broader crypto ecosystem.

The PoD mechanism allows users to claim ZRO, LayerZero’s native token, through a donation process. To claim ZRO, users must donate $0.10 USD worth of USDC, USDT, or native ETH per ZRO.

You should also check out this content: $80 Million Hack Attack on Orbit Bridge!

The LayerZero Foundation has pledged to match all donations up to $10 million as a gesture of support.

The ZRO token began trading on spot markets today. Additionally, Binance, the world’s largest cryptocurrency exchange, listed the altcoin for futures trading today. ZRO is currently trading at $3.

The post Developers Introduce Donation Mechanism for Users to Claim ZRO Tokens appeared first on Coin Engineer.

ZRO Listing Details

Listing Date: June 20, 2024, at 12:00 PM UTC

Trading Pairs: ZRO/BTC, ZRO/USDT, ZRO/BUSD, and ZRO/TRY

Deposit: Enabled now

Withdrawal: Opens June 21, 2024, at 12:00 PM UTC

Listing Fee: 0 BNB

Supported Chains: Ethereum, BNB Chain, Optimism, Arbitrum, Base, Matic, Avalanche

Listing Tag: Seed

What is LayerZero (ZRO)?

While the official announcement doesn’t provide details about LayerZero itself, the listing on multiple chains suggests it might be a cross-chain interoperability project. Users can likely find more information about the project and its goals on the LayerZero website or social media channels.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Announces LayerZero (ZRO) Listing with Multiple Trading Pairs! appeared first on Coin Engineer.