Meanwhile, other networks also have unlock events slated for some time in the week, starting with Pendle, expected to give liquidity incentives in a few minutes from now, constituting up to 56,720 PENDLE tokens. On October 1, the 1Inch network also has an unlock event planned, that will see 15,000 1INCH tokens worth approximately $3,930. This will be a day after the Acala network unleashes 27.43 million ACA tokens worth around $1.35 million to the market.
. This leaves the onus on traders to exercise caution to avoid being caught on the wrong side of the wave.The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology. Since its inception, a total of 19,445,656 BTCs have been mined, which is the circulating supply of Bitcoin.
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